Minority Games


Book Description

The Minority Game is a physicist's attempt to explain market behaviour by the interaction between traders. With a minimal set of ingredients and drastic assumptions, this model reproduces market ecology among different types of traders. Its emphasis is on speculative trading and information flow. The book first describes the philosophy lying behind the conception of the Minority Game in 1997, and includes in particular a discussion about the El Farol bar problem. It then reviews the main steps in later developments, including both the theory and its applications to market phenomena. 'Minority Games' gives a colourful and stylized, but also realistic picture of how financial markets operate.




Encyclopedia of International Sports Studies


Book Description

Now available in paperback, the Encyclopedia of International Sports Studies is the most authoritative and comprehensive single-volume reference work ever published on sport. With over one million words of text arranged into more than 1000 entries and articles, it covers the full range of sub-disciplines within sports studies; including scientific, social scientific and medical approaches. The encyclopedia is alphabetically organized and consists of: principal articles covering key disciplinary areas, such as sports economics and sports history large topical entries on central subjects such as resistance training and the diagnosis of sports injuries smaller topical entries on subjects such as cross training and projectile motion short overviews of other important terms and concepts, from metabolism and motivation to muscle tension-length relationship. With over 150 contributing authors from the US, UK, Canada, Australia, South Africa, Japan, New Zealand, Hong Kong and continental Europe, the Encyclopedia of International Sports Studies is an unparalleled work of sports scholarship. Accessibly written, facts-fronted and including full cross-referencing and guides to further reading throughout, this is an essential addition to the bookshelf of any student, researcher, teacher or professional working in sport.




Encyclopedia of International Sports Studies: A-E


Book Description

This encyclopedia provides a comprehensive coverage of all aspects of the science, social science and medicine of sport.




Research Anthology on Developments in Gamification and Game-Based Learning


Book Description

Technology has increasingly become utilized in classroom settings in order to allow students to enhance their experiences and understanding. Among such technologies that are being implemented into course work are game-based learning programs. Introducing game-based learning into the classroom can help to improve students’ communication and teamwork skills and build more meaningful connections to the subject matter. While this growing field has numerous benefits for education at all levels, it is important to understand and acknowledge the current best practices of gamification and game-based learning and better learn how they are correctly implemented in all areas of education. The Research Anthology on Developments in Gamification and Game-Based Learning is a comprehensive reference source that considers all aspects of gamification and game-based learning in an educational context including the benefits, difficulties, opportunities, and future directions. Covering a wide range of topics including game concepts, mobile learning, educational games, and learning processes, it is an ideal resource for academicians, researchers, curricula developers, instructional designers, technologists, IT specialists, education professionals, administrators, software designers, students, and stakeholders in all levels of education.




Nonlinear Dynamics and Heterogeneous Interacting Agents


Book Description

Economic application of nonlinear dynamics, microscopic agent-based modelling, and the use of artificial intelligence techniques as learning devices of boundedly rational actors are among the most exciting interdisciplinary ventures of economic theory over the past decade. This volume provides us with a most fascinating series of examples on "complexity in action" exemplifying the scope and explanatory power of these innovative approaches.




Complex Systems


Book Description

There has been recently some interdisciplinary convergence on a number of precise topics which can be considered as prototypes of complex systems. This convergence is best appreciated at the level of the techniques needed to deal with these systems, which include: 1) A domain of research around a multiple point where statistical physics, information theory, algorithmic computer science, and more theoretical (probabilistic) computer science meet: this covers some aspects of error correcting codes, stochastic optimization algorithms, typical case complexity and phase transitions, constraint satisfaction problems. 2) The study of collective behavior of interacting agents, its impact on understanding some types of economical and financial problems, their link to population and epidemics dynamics, game theory, social, biological and computer networks and evolution.The present book is the written version of the lectures given during the Les Houches summer school session on "Complex Systems", devoted to these emerging interdisciplinary fields. The lectures consist both in a number of long methodological courses (probability theory, statistical physics of disordered systems, information theory, network structure and evolution, agent-based economics and numerical methods) and more specific, 'problem oriented' courses. Lecturers are all leading experts in their field; they have summarized recent results in a clear and authoritative manner. The "Les Houches lecture notes" have a long tradition of excellence and are often found to be useful for a number of years after they were written. The book is of interest to students and researchers with various backgrounds: probability theory, computer science, information theory, physics, finance, biology, etc.·Topical and comprehensive survey of the emerging, interdisciplinary field of "Complex Systems", covered by recognized world experts·"Les Houches lectures notes": a long tradition of excellence and long-lasting impact ·Of interest to a broad audience (mathematics, physics, biology, informatics, finance, geology, etc.)·Some applications may have concrete impact·Selected topics in complex systems: forefront of research in the field




White Sports/Black Sports


Book Description

The racial makeup of sports in the United States serves as a classic example of racism in the 21st century. This book examines the racial disparities in sports and the continuing significance of race in 21st-century America, debunking the myth of a "postracial society." Sports can serve as an inspirational example of what can be achieved through hard work and perseverance, regardless of one's race. However, there is plenty of evidence that race still plays a major role in sports, and that sports are key agents of racial socialization. White Sports/Black Sports: Racial Disparities in Athletic Programs challenges the idea that America has moved beyond racial discrimination and identifies the obvious and subtle ways in which racial identities and athletic determinism affect non-white individuals in the world of sports. Author Lori Latrice Martin gives readers a keen awareness of the issues, allowing them to see the links between sports and society as a whole and to perceive that the issues surrounding racism in sports impact people in every realm of life and are not limited to the playing field. She discusses how the media acts as an agent of racial socialization in sports, documents how historical stereotypes of minorities still exist, and looks closely at racial socialization in sports, including basketball, baseball, and football, exposing how blacks remained under-represented in most sports, especially among front office administrators, owners, coaches, and managers. This work serves undergraduate and graduate students in the social sciences to enhance their understanding of minority and majority group relationships and appeals to general readers interested in the history of race and sports in America.




Econophysics of the Kolkata Restaurant Problem and Related Games


Book Description

This book provides the first comprehensive introduction to multi-agent, multi-choice repetitive games, such as the Kolkata Restaurant Problem and the Minority Game. It explains how the tangible formulations of these games, using stochastic strategies developed by statistical physicists employing both classical and quantum physics, have led to very efficient solutions to the problems posed. Further, it includes sufficient introductory notes on information-processing strategies employing both classical statistical physics and quantum mechanics. Games of this nature, in which agents are presented with choices, from among which their goal is to make the minority choice, offer effective means of modeling herd behavior and market dynamics and are highly relevant to assessing systemic risk. Accordingly, this book will be of interest to economists, physicists, and computer scientists alike.




Sport and Nationalism in China


Book Description

This book examines the relationships between sport, nationalism and nation building in China. By exploring the last 150 years of Chinese history, it offers unparalleled depth and breadth of coverage and provides a clear grasp of Chinese sports nationalism from both macro and micro perspectives. Beginning with a discussion on the role of sport in the Qing Dynasty’s Self-Strengthening Movement (1861-1895), the book examines how sport contributed to the shaping of the early forms of Chinese nationalism in the late 19th century. It identifies and defines the core functions of sport in the Chinese Nationalist Revolution which successfully transformed China from a culturally bound empire to a modern nation state in 1911. The following section, on the Republic of China Era (1912-1949), explores the interactions between sport and the construction of Chinese nationalism and national consciousness, illustrating how sport played its part in the building of the newly established nation state. Moving on to the Communist China Era (1949-present), the book scans the whole spectrum of both modern and contemporary Chinese nationalism and interprets the most important issues on the course of China’s nation building, explaining why sport is so tightly bound up with nationalism and patriotism, and how sport became an essential part of nationalists', politicians' and educationalists' strategy to revive the Chinese nation.




Fundamentals of Cognitive Radio


Book Description

A comprehensive treatment of cognitive radio networks and the specialized techniques used to improve wireless communications The human brain, as exemplified by cognitive radar, cognitive radio, and cognitive computing, inspires the field of Cognitive Dynamic Systems. In particular, cognitive radio is growing at an exponential rate. Fundamentals of Cognitive Radio details different aspects of the human brain and provides examples of how it can be mimicked by cognitive dynamic systems. The text offers a communication-theoretic background, including information on resource allocation in wireless networks and the concept of robustness. The authors provide a thorough mathematical background with data on game theory, variational inequalities, and projected dynamic systems. They then delve more deeply into resource allocation in cognitive radio networks. The text investigates the dynamics of cognitive radio networks from the perspectives of information theory, optimization, and control theory. It also provides a vision for the new world of wireless communications by integration of cellular and cognitive radio networks. This groundbreaking book: Shows how wireless communication systems increasingly use cognition to enhance their networks Explores how cognitive radio networks can be viewed as spectrum supply chain networks Derives analytic models for two complementary regimes for spectrum sharing (open-access and market-driven) to study both equilibrium and disequilibrium behaviors of networks Studies cognitive heterogeneous networks with emphasis on economic provisioning for resource sharing Introduces a framework that addresses the issue of spectrum sharing across licensed and unlicensed bands aimed for Pareto optimality Written for students of cognition, communication engineers, telecommunications professionals, and others, Fundamentals of Cognitive Radio offers a new generation of ideas and provides a fresh way of thinking about cognitive techniques in order to improve radio networks.