Economy – Quantitative Finance – General Finance
Scientific paper
2007-09-07
Economy
Quantitative Finance
General Finance
11 pages, 4 figures
Scientific paper
10.1142/S012918310801198X
We study the persistence phenomenon in a socio-econo dynamics model using computer simulations at a finite temperature on hypercubic lattices in dimensions up to 5. The model includes a ` social\rq local field which contains the magnetization at time $t$. The nearest neighbour quenched interactions are drawn from a binary distribution which is a function of the bond concentration, $p$. The decay of the persistence probability in the model depends on both the spatial dimension and $p$. We find no evidence of ` blocking\rq in this model. We also discuss the implications of our results for possible applications in the social and economic fields. It is suggested that the absence, or otherwise, of blocking could be used as a criterion to decide on the validity of a given model in different scenarios.
Jain Sanjay
Yamano Takuya
No associations
LandOfFree
Persistence in a Random Bond Ising Model of Socio-Econo Dynamics 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 Persistence in a Random Bond Ising Model of Socio-Econo Dynamics, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Persistence in a Random Bond Ising Model of Socio-Econo Dynamics will most certainly appreciate the feedback.
Profile ID: LFWR-SCP-O-467799