English

Predictability of large future changes in a competitive evolving population

Disordered Systems and Neural Networks 2009-11-07 v1 q-bio

Abstract

The dynamical evolution of many economic, sociological, biological and physical systems tends to be dominated by a relatively small number of unexpected, large changes (`extreme events'). We study the large, internal changes produced in a generic multi-agent population competing for a limited resource, and find that the level of predictability actually increases prior to a large change. These large changes hence arise as a predictable consequence of information encoded in the system's global state.

Keywords

Cite

@article{arxiv.cond-mat/0105258,
  title  = {Predictability of large future changes in a competitive evolving population},
  author = {D. Lamper and S. Howison and N. F. Johnson},
  journal= {arXiv preprint arXiv:cond-mat/0105258},
  year   = {2009}
}

Comments

10 pages, 3 figures