The Coevolution of Individual Economic Characteristics and Socioeconomic Networks

Details The Coevolution of Individual Economic Characteristics and Socioeconomic Networks The Coevolution of Individual Economic Characteristics and Socioeconomic Networks

2004-02-27

arxiv.org/abs/cond-mat/0402670v1

Physics

Condensed Matter

Disordered Systems and Neural Networks

10 pages including all figures

Scientific paper

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.

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