English

Self-organized evolution in socio-economic environments

Statistical Mechanics 2009-10-31 v1 adap-org Adaptation and Self-Organizing Systems

Abstract

We propose a general scenario to analyze social and economic changes in modern environments. We illustrate the ideas with a model that incorporating the main trends is simple enough to extract analytical results and, at the same time, sufficiently complex to display a rich dynamic behavior. Our study shows that there exists a macroscopic observable that is maximized in a regime where the system is critical, in the sense that the distribution of events follow power-laws. Computer simulations show that, in addition, the system always self-organizes to achieve the optimal performance in the stationary state.

Keywords

Cite

@article{arxiv.cond-mat/9905387,
  title  = {Self-organized evolution in socio-economic environments},
  author = {A. Arenas and A. Diaz-Guilera and C. J. Perez and F. Vega-Redondo},
  journal= {arXiv preprint arXiv:cond-mat/9905387},
  year   = {2009}
}

Comments

4 pages RevTeX; needs epsf.sty and rotate.sty; submitted to Phys Rev Lett