Agent-based model of competition in a social structure

Economy – Quantitative Finance – General Finance

Scientific paper

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7 pages, 3 figures This paper has been withdrawn due to claims that have been proven to be false

Scientific paper

Indirect competition emerged from the complex organization of human societies, and knowledge of the existing network topology may aid in developing effective strategies for success. Here, we propose an agent-based model of competition with systems co-existing in a `small-world' social network. We show that within the range of parameter values obtained from the model and empirical data, the network evolution is highly dependent on $k$, the local parameter describing the density of neighbors in the network. The model applied to language death and competition of telecommunication companies show strong correspondence with empirical data.

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