Towards a physics of evolution: Existence of gales of creative deconstruction in evolving technological networks

Physics – Physics and Society

Scientific paper

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

7 pages, pdf figures

Scientific paper

Systems evolving according to the standard concept of biological or technological evolution are often described by catalytic evolution equations. We study the structure of these equations and find a deep relationship to classical thermodynamics. In particular we can demonstrate the existence of several distinct phases of evolutionary dynamics: a phase of fast growing diversity, one of stationary, finite diversity, and one of rapidly decaying diversity. While the first two phases have been subject to previous work, here we focus on the destructive aspects - in particular the phase diagram - of evolutionary dynamics. We further propose a dynamical model of diversity which captures spontaneous creation and destruction processes fully respecting the phase diagrams of evolutionary systems. The emergent timeseries show a Zipf law in the diversity dynamics, which is e.g. observable in actual economical data, e.g. in firm bankruptcy data. We believe the present model is a way to cast the famous qualitative picture of Schumpeterian economic evolution, into a quantifiable and testable framework.

No associations

LandOfFree

Say what you really think

Search LandOfFree.com for scientists and scientific papers. Rate them and share your experience with other people.

Rating

Towards a physics of evolution: Existence of gales of creative deconstruction in evolving technological networks does not yet have a rating. At this time, there are no reviews or comments for this scientific paper.

If you have personal experience with Towards a physics of evolution: Existence of gales of creative deconstruction in evolving technological networks, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Towards a physics of evolution: Existence of gales of creative deconstruction in evolving technological networks will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFWR-SCP-O-693714

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.