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This paper examines the interplay of opinion exchange dynamics and communication network formation. An opinion formation procedure is introduced which is based on an abstract representation of opinions as k-dimensional bit-strings. Individuals interact if the difference in the opinion strings is...
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Social structure emerges from the interaction and information exchange between individuals in a population. The emergence of groups in animal and human social systems suggests that such social structures are the result of a cooperative and cohesive society. Using graph based models, where nodes...
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A model is developed to study the effectiveness of innovation and its impact on structure creation on agent … agents. Innovation is related to the adaptation by the agents of their bit strings to improve some utility function. …
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Recent developments in information technologies, especially Web 2.0 technologies, have radically transformed many markets through disintermediation and decentralization. Lower barriers of entry in these markets enable small firms and individuals to engage in transactions that were otherwise...
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