Evolution of economic entities under heterogeneous political/environmental conditions within a Bak-Sneppen-like dynamics
Physics and Society
2015-06-26 v1 Statistical Mechanics
Abstract
A model for economic behavior, under heterogeneous spatial economic conditions is developed. The role of selection pressure in a Bak-Sneppen-like dynamics with entity diffusion on a lattice is studied by Monte-Carlo simulation taking into account business rule(s), like enterprise - enterprise short range location "interaction"(s), business plan(s) through spin-offs or merging and enterprise survival evolution law(s). It is numerically found that the model leads to a sort of phase transition for the fitness gap as a function of the selection pressure.
Keywords
Cite
@article{arxiv.physics/0309007,
title = {Evolution of economic entities under heterogeneous political/environmental conditions within a Bak-Sneppen-like dynamics},
author = {Marcel Ausloos and Paulette Clippe and Andrzej Pekalski},
journal= {arXiv preprint arXiv:physics/0309007},
year = {2015}
}
Comments
6 figures. to be published in Physica A