Instruct: Identify the main and secondary category of Arxiv papers based on the titles and abstracts
Query: Dynamical instabilities in a simple minority game with discounting   We explore the effect of discounting and experimentation in a simple model of
interacting adaptive agents. Agents belong to either of two types and each has
to decide whether to participate a game or not, the game being profitable when
there is an excess of players of the other type. We find the emergence of large
fluctuations as a result of the onset of a dynamical instability which may
arise discontinuously (increasing the discount factor) or continuously
(decreasing the experimentation rate). The phase diagram is characterized in
detail and noise amplification close to a bifurcation point is identified as
the physical mechanism behind the instability.

18
The categories of this paper are: econ
31
The categories of this paper are: ao-sci
22
The categories of this paper are: chao-dyn
7
The categories of this paper are: hep-th
27
The categories of this paper are: comp-gas
0
The categories of this paper are: hep-ph
17
The categories of this paper are: q-fin
15
The categories of this paper are: nucl-ex
8
The categories of this paper are: hep-ex
33
The categories of this paper are: plasm-ph
11
The categories of this paper are: hep-lat
9
The categories of this paper are: nlin
32
The categories of this paper are: atom-ph
4
The categories of this paper are: cond-mat
26
The categories of this paper are: bayes-an
1
The categories of this paper are: cs