Abstract

We investigate the dynamics of coordination and consensus in an agent population. Considering agents endowed with bounded rationality, we study asymmetric coordination games using a mapping to random field Ising models. In doing so, we investigate the relationship between group coordination and agent rationality. Analytical calculations and numerical simulations of the proposed model lead to novel insight into opinion dynamics. For instance, we find that bounded rationality and preference intensity can determine a series of possible scenarios with different levels of opinion polarization. To conclude, we deem our investigation opens a new avenue for studying game dynamics through methods of statistical physics.

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