The Coevolution of Individual Economic Characteristics and Socioeconomic Networks

Preprint

27 February 2004

preprint
Published by arXiv in arXiv

https://doi.org/10.48550/arXiv.cond-mat/0402670

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.

Keywords

ECONOMIC CHARACTERISTICS
SOCIOECONOMIC NETWORKS
DYNAMICS OF ECONOMIC
INDIVIDUAL ECONOMIC
OPINION DYNAMICS
SIMPLE SCALING
COEVOLUTION

All Related Versions

Version 1, 2004-02-27, ArXiv

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