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Related papers: Sociophysics: A review of Galam models

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Social balance theory describes allowable and forbidden configurations of the topologies of signed directed social appraisal networks. In this paper, we propose two discrete-time dynamical systems that explain how an appraisal network…

Social and Information Networks · Computer Science 2019-09-16 Wenjun Mei , Pedro Cisneros-Velarde , Ge Chen , Noah E. Friedkin , Francesco Bullo

Competition between varying ideas, people and institutions fuels the dynamics of socio-economic systems. Numerous analyses of the empirical data extracted from different financial markets have established a consistent set of stylized facts…

Physics and Society · Physics 2018-10-17 A. Kononovicius

Reviews models of Bonabeau et al and Sznajd et al

Statistical Mechanics · Physics 2007-05-23 Dietrich Stauffer

Complex systems in nature and in society are often represented as networks, describing the rich set of interactions between objects of interest. Many deterministic and probabilistic clustering methods have been developed to analyze such…

Methodology · Statistics 2015-03-13 Pierre Latouche , Etienne Birmelé , Christophe Ambroise

Economy is demanding new models, able to understand and predict the evolution of markets. To this respect, Econophysics offers models of markets as complex systems, that try to comprehend macro-, system-wide states of the economy from the…

Trading and Market Microstructure · Quantitative Finance 2015-05-20 Carmen Pellicer-Lostao , Ricardo Lopez-Ruiz

Modeling complex physical dynamics is a fundamental task in science and engineering. Traditional physics-based models are sample efficient, and interpretable but often rely on rigid assumptions. Furthermore, direct numerical approximation…

Machine Learning · Computer Science 2023-03-02 Rui Wang , Rose Yu

The Trump phenomenon is argued to depart from current populist rise in Europe. According to a model of opinion dynamics from sociophysics the machinery of Trump's amazing success obeys well-defined counter-intuitive rules. Therefore, his…

Physics and Society · Physics 2017-05-24 Serge Galam

In the Sznajd model of 2000, a pair of neighbouring agents on a square lattice convinces its six neighbours of the pair opinion if and only if the two agents of the pair share the same opinion. It differs from other consensus models of…

Statistical Mechanics · Physics 2009-11-10 Dietrich Stauffer

Decisions about how the population of the United States should be divided into legislative districts have powerful and not fully understood effects on the outcomes of elections. The problem of understanding what we might mean by "fair…

Physics and Society · Physics 2020-06-22 Jordan S. Ellenberg

The study of plasma physics under conditions of extreme temperatures, densities and electromagnetic field strengths is significant for our understanding of astrophysics, nuclear fusion and fundamental physics. These extreme physical systems…

Recent years have witnessed a significant trend towards filling the gap between Social Network Analysis (SNA) and control theory. This trend was enabled by the introduction of new mathematical models describing dynamics of social groups,…

Social and Information Networks · Computer Science 2019-04-04 Anton Proskurnikov , Roberto Tempo

This article introduces into the whole section on Social Sciences, edited by A. Nowak for this Encyclopedia, concentrating on the applications of mathematics and physics. Here under "mathematics" we include also all computer simulations if…

Physics and Society · Physics 2008-01-03 D. Stauffer , S. Solomon

In recent years, we have observed a significant trend towards filling the gap between social network analysis and control. This trend was enabled by the introduction of new mathematical models describing dynamics of social groups, the…

Systems and Control · Computer Science 2017-10-16 Anton V. Proskurnikov , Roberto Tempo

We expect that democracy enables us to utilize collective intelligence such that our collective decisions build and enhance social welfare, and such that we accept their distributive and normative consequences. Collective decisions are…

Physics and Society · Physics 2021-04-06 Jan Lorenz , Martin Neumann

Models of opinion dynamics play a major role in various disciplines, including economics, political science, psychology, and social science, as they provide a framework for analysis and intervention. In spite of the numerous mathematical…

Physics and Society · Physics 2021-08-17 Armineh Rahmanian , Sadegh Bolouki , S. Rasoul Etesami , Abolfazl Mohebbi

A brief overview of the models and data analyses of income, wealth, consumption distributions by the physicists, are presented here. It has been found empirically that the distributions of income and wealth possess fairly robust features,…

General Finance · Quantitative Finance 2018-08-07 Kiran Sharma , Anirban Chakraborti

We propose a "social physics" model for two-group conflict. We consider two disputing groups. Each individual i in each of the two groups has a preference si regarding the way in which the conflict should be resolved. The individual…

Physics and Society · Physics 2016-12-15 Hung The Diep , Miron Kaufman , Sanda Kaufman

The image of physics is connected with simple "mechanical" deterministic events: that an apple always falls down, that force equals mass times acceleleration. Indeed, applications of such concept to social or historical problems go back two…

Popular Physics · Physics 2011-09-13 Dietrich Stauffer

The stochastic dynamics of the multi-state voter model is investigated on a class of complex networks made of non-overlapping cliques, each hosting a political candidate and interacting with the others via Erd\H{o}s-R\'enyi links. Numerical…

Physics and Society · Physics 2014-06-10 Filippo Palombi , Simona Toti

The Ising model, originally developed for understanding magnetic phase transitions, has become a cornerstone in the study of collective phenomena across diverse disciplines. In this review, we explore how Ising and Ising-like models have…

Physics and Society · Physics 2025-07-01 Pratik Mullick , Parongama Sen
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