Physics – Physics and Society
Scientific paper
2007-08-22
Physica A: Statistical Mechanics and its Applications, Volume 355, Issue 1, 1 September 2005, Pages 217-223
Physics
Physics and Society
7 pages, no figures, first time presented at First Bonzenfreies Colloquium on Market Dynamics and Quantitative Economics, Sep
Scientific paper
10.1016/j.physa.2005.02.086
A stabilization theorem for processes of opinion dynamics is presented. The
theorem is applicable to a wide class of models of continuous opinion dynamics
based on averaging (like the models of Hegselmann-Krause and
Weisbuch-Deffuant). The analysis detects self-confidence as a driving force of
stabilization.
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