Evolutionary Minority Game with searching behavior

• We introduce optimal neighbor searching and global searching on the Evolutionary Minority Game.
• The probability distribution of best strategies are different with searching behavior, as opposed to standard EMG model.
• The system performance becomes worse after adding searching behavior.

In this paper, we determine the impact of searching behavior on the evolutionary minority game (EMG). We introduce searching behavior in two ways: optimal neighbor searching and global searching. Our study investigates the distribution equilibriums of probabilities that agents follow a given strategy and on system performance of the game. The results indicate that the distribution equilibriums of the probabilities are different with searching behavior, as opposed to without searching behavior. The system performance becomes worse after adding the searching behavior. Additionally, we test other variables in a standard EMG with and without searching behavior.