Physics – Physics and Society
Scientific paper
2007-02-13
Journal of Economic Interaction and Coordination 3(1), 81-88 (2008)
Physics
Physics and Society
11 pages, 2 figures
Scientific paper
A simple model for simulating tug of war game as varying the player number in a team is discussed to identify the slow pace of fast change. This model shows that a large number of information sources leads slow change for the system. Also, we introduce an opinion diffusion model including the effect of a high degree of clustering. This model shows that the de facto standard and lock-in effect, well-known phenomena in economics and business management, can be explained by the network clusters.
Jung Woo-Sung
Moon Hie-Tae
Stanley Eugene H.
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