Showing 1 - 10 of 129
To study the interplay between global market choice and local peer pressure, we construct a minority-game-like econophysical model. In this so-called networked minority game model, every selfish player uses both the historical minority choice of the population and the historical choice of one's...
Persistent link: https://www.econbiz.de/10010591036
Persistent link: https://www.econbiz.de/10011770565
The waiting time distribution between successive events and the unified scaling law is studied using the coherent noise model. It is shown that, although this model generates uncorrelated event sizes and does not exhibit criticality, it still provides the unified scaling law. We argue the role...
Persistent link: https://www.econbiz.de/10010873755
We show that deterministic systems with strong nonlinearities seem to be more appropriate to model sandpiles than stochastic systems or deterministic systems in which discontinuities are the only nonlinearity. In particular, we are able to reproduce the breakdown of self-organized criticality...
Persistent link: https://www.econbiz.de/10010590610
We review several theoretical and experimental methods of modeling and investigating granular matter far from equilibrium. The theoretical methods include an extension of the classical Boltzmann equation to inelastic gases, scalar internal degrees of freedom, and Hamiltonian-like grain–grain...
Persistent link: https://www.econbiz.de/10011057663
In this paper, we analyse the response of music and book sales to an external field and a buyer herding. We distinguish endogenous and exogenous shocks. We focus on some case studies, whose data have been collected from ranking on amazon.com. We show that an ensemble of equivalent systems...
Persistent link: https://www.econbiz.de/10011059678
The colony patterns of Bacillus circulans on agar medium were experimentally investigated to study about the growth mode transition. From the optical microscopic observation, the bacteria distribute inside the medium, that is, the colony grows three-dimensionally (3D) in the soft agar condition...
Persistent link: https://www.econbiz.de/10011062702
The distribution of property is established through various mechanisms. In this paper we study the acreage distribution of land plots owned by natural persons in the Zlín Region of the Czech Republic. We show that the data are explained in terms of a simple model in which the inheritance and...
Persistent link: https://www.econbiz.de/10011063015
We study the efficacy of allelomimesis as an escape strategy of mobile agents (pedestrians) that aim to leave a two-exit room within the shortest possible time. Allelomimesis is the act of copying one’s kindred neighbors. To escape, an agent employs one of the following strategies: (1) It...
Persistent link: https://www.econbiz.de/10011063950
Minority games are a stylized description of strategic situations with both coordination and competition. These games are widely studied using either simulations or laboratory experiments. Simulations can show the dynamics of aggregate behavior, but the results of such simulations depend on the...
Persistent link: https://www.econbiz.de/10010326542