title: Theory of the evolutionary minority game
abstract: We present a theory describing a recently introduced model of an evolving, adaptive system in which agents compete to be in the minority. The agents themselves are able to evolve their strategies over time in an attempt to improve their performance. The theory explicitly demonstrates the self-interaction, or market impact, that agents in such systems experience.
authors.affiliation: Department of Physics, The Chinese University of Hong Kong, Shatin, New Territories, Hong Kong.
authors.initials: TS
authors.lastname: Lo
authors.initials: PM
authors.lastname: Hui
authors.initials: NF
authors.lastname: Johnson