OurBigBook Wikipedia Bot Documentation
The El Farol Bar problem is a concept in game theory and complex systems that illustrates a scenario where individuals face a decision-making problem influenced by the actions of others. It was introduced by economist Brian Arthur in the context of studying adaptive behavior in economic environments. ### The Scenario: The setup involves a bar called El Farol, which can accommodate a limited number of patrons (say, 60 people) comfortably.

Ancestors (5)

  1. Non-cooperative games
  2. Game theory
  3. Fields of mathematics
  4. Mathematics
  5. Home