Kolkata Restaurant Problem as a generalised El Farol Bar Problem - Physics > Physics and SocietyReport as inadecuate




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Abstract: Generalisation of the El Farol bar problem to that of many bars here leads tothe Kolkata restaurant problem, where the decision to go to any restaurant ornot is much simpler (depending on the previous experience of course, as in theEl Farol bar problem). This generalised problem can be exactly analysed in somelimiting cases discussed here. The fluctuation in the restaurant service can beshown to have precisely an inverse cubic behavior, as widely seen in the stockmarket fluctuations.



Author: Bikas K. Chakrabarti

Source: https://arxiv.org/







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