Hiking the hypercube: producers and consumers

Economy – Quantitative Finance – General Finance

Scientific paper

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Scientific paper

We study the dynamics of co-evolution of producers and customers described by bit-strings representing individual traits. Individual ''size-like'' properties are controlled by binary encounters which outcome depends upon a recognition process. Depending upon the parameter set-up, mutual selection of producers and customers results in different types of attractors, either an exclusive niches regime or a competition regime.

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