The Emergence of Leadership in Social Networks

Physics – Physics and Society

Scientific paper

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22 pages (as in Physica A but with a few extra references to supplementary material) plus 11 pages of supplementary material n

Scientific paper

10.1016/j.physa.2011.11.011

We study a networked version of the minority game in which agents can choose to follow the choices made by a neighbouring agent in a social network. We show that for a wide variety of networks a leadership structure always emerges, with most agents following the choice made by a few agents. We find a suitable parameterisation which highlights the universal aspects of the behaviour and which also indicates where results depend on the type of social network.

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