The EL Farol Bar problem as an iterated N-person game

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Abstract

The El Farol Bar problem is treated as an iterated N-person battle of the sexes or leader game for any initial attendance ratio and any value of the bar capacity. It is shown that the bar attendance always fluctuates around the value of the bar capacity. The fluctuations' amplitude is inversely proportional to the total number of the participating agents.

Original languageEnglish (US)
Pages (from-to)153-164
Number of pages12
JournalComplex Systems
Volume21
Issue number2
DOIs
StatePublished - Jan 1 2012

ASJC Scopus subject areas

  • Control and Systems Engineering
  • Computer Science(all)

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