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The Coevolution of Individual Economic Characteristics and Socioeconomic Networks

2004/02/27 by Dietrich Stauffer, Stauffer, Dietrich, Martin Hohnisch +3
Physics and Astronomy · #Disordered Systems and Neural Networks (cond-mat.dis-nn) #FOS: Physical sciences #cond-mat.dis-nn

paper · pdf · doi:10.48550/arxiv.cond-mat/0402670

10 pages including all figures

arxiv created 2004/02/27 · arxiv updated 2009/12/01

Abstract

The opinion dynamics of economic agents is modeled with the link structure influenced by the resulting opinions: Links between people of nearly the same opinion are more stable than those between people of vastly different opinions. A simple scaling law describes the number of surviving final opinion as a function of the numbers of agents and of possible opinions.

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