Minority game and Kolkata Paise Restaurant problem

Research output: Chapter in Book/Report/Conference proceedingChapterScientificpeer-review


  • Bikas K. Chakrabarti
  • Arnab Chatterjee
  • Asim Ghosh
  • Sudip Mukherjee
  • Boaz Tamir

Research units

  • Saha Institute of Nuclear Physics
  • Indian Statistical Institute
  • Tata Consultancy Services
  • Raghunathpur College
  • Barasat Government College
  • Bar-Ilan University
  • The Israel Institute for Advanced Research


The minority game (MG) is a simple two choice game (see also Appendix D) played between N players, where the players are required to make a choice between two options at each step. The players ending up in the minority, i.e. choice with fewer people, receive a fixed positive pay off.


Original languageEnglish
Title of host publicationEconophysics of the Kolkata Restaurant Problem and Related Games
Publication statusPublished - 2017
MoE publication typeA3 Part of a book or another research book

Publication series

NameNew Economic Windows
ISSN (Print)2039-411X
ISSN (Electronic)2039-4128

ID: 17096018