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We study discrete opinion dynamics in a social network with "stubborn agents" who influence others but do not change …
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This paper presents a Schelling-type checkerboard model of residential segregation formulated as a spatial game. It … shows that although every agent prefers to live in a mixed-race neighborhood, complete segregation is observed almost all of … the time. A concept of tipping is rigorously defined, which is crucial for understanding the dynamics of segregation …
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We introduce tools to capture the dynamics of three different pathways, in which the synchronization of human decision-making could lead to turbulent periods and contagion phenomena in financial markets. The first pathway is caused when stock market indices, seen as a set of coupled...
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We examine the residential segregation of workers and the unemployed in the 80 largest cities in Germany. Drawing on a … unemployment in unprecedented detail. We document a strong and persistent rise in segregation between workers and the unemployed … rise of segregation was characterized by a third phenomenon: a trend towards "localization", i.e., a tendency of workers …
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