Related papers: Punctuated Equilibrium and Power Law in Economic D…
A nonlinearly coupled system of bouncing balls is shown to exhibit features like self-organised-criticality (SOC) and punctuated equilibrium (PE) in suitable parameter domains. The temporal evolution of the non-stationary amplitudes is…
Punctuated equilibrium is a mode of evolution in which phenetic change occurs in rapid bursts that are separated by much longer intervals of stasis during which mutations accumulate but no major phenotypic change occurs. Punctuated…
Many natural phenomena evolve intermittently, with periods of tranquillity interrupted by bursts of activity, rather than following a smooth gradual path. Examples include earthquakes, volcanic eruptions, solar flares, gamma-ray bursts, and…
We propose a simple quantitative model of Schumpeterian economic dynamics. New goods and services are endogenously produced through combinations of existing goods. As soon as new goods enter the market they may compete against already…
We introduce a self-organized critical model of punctuated equilibrium with many internal degrees of freedom ($M$) per site. We find exact solutions for $M\rightarrow \infty$ of cascade equations describing avalanche dynamics in the steady…
The Stock Market is a complex self-interacting system, characterized by an intermittent behaviour. Periods of high activity alternate with periods of relative calm. In the present work we investigate empirically about the possibility that…
Various self-organized characteristics of the international system can be identified with the help of a complexity science perspective. The perspective discussed in this article is based on various complexity science concepts and theories,…
The concept of Self-Organized Criticality (SOC) was proposed in an attempt to explain the widespread appearance of power-law in nature. It describes a mechanism in which a system reaches spontaneously a state where the characteristic events…
To describe and analyze the dynamics of Self-Organized Criticality (SOC) systems, a four-state continuous-time Markov model is proposed in this paper. Different to computer simulation or numeric experimental approaches commonly employed for…
Self-Organized Criticality (SOC) phenomena could have a significant effect on the dynamics of ecosystems. The Bak-Sneppen (BS) model is a simple and robust model of biological evolution that exhibits punctuated equilibrium behavior. Here we…
We study here the Bak and Sneppen model, a prototype model for the study of Self-Organized Criticality. In this model several species interact and undergo extinction with a power law distribution of activity bursts. Species are defined…
Recently, Lenski et al have carried out an experiment on bacterial evolution. Their findings support the theory of punctuated equilibrium in biological evolution. We show that the M=2 Bak-Sneppen model can explain some of the experimental…
I develop a simple Schumpeterian agent-based model where the entry and exit of firms, their productivity and markup, the birth of new industries and the social structure of the population are endogenous and use it to study the causes of…
Current evolutionary biology models usually assume that a phenotype undergoes gradual change. This is in stark contrast to biological intuition, which indicates that change can also be punctuated-the phenotype can jump. Such a jump could…
A minimal model based on individual interactions is proposed to study the non-Poisson statistical properties of human behavior: individuals in the system interact with their neighbors, the probability of an individual acting correlates to…
A novel mechanism for the generation of self-organized criticality (SOC) is discussed in terms of the coupled-vibration model where the total system is forced under the uniform expansion of the Hubble type. This system shows a robust SOC…
In this era of fast and large-scale opinion formation, a mathematical understanding of opinion evolution, a.k.a. opinion dynamics, acquires importance. Linear graph-based dynamics and bounded confidence dynamics are the two popular models…
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…
Adam Smith's inquiry into the emergence and stability of the self-organization of the division of labor in commodity production and exchange is considered using statistical equilibrium methods from statistical physics. We develop a…
The notion of Self-organized criticality (SOC) had been conceived to interpret the spontaneous emergence of long range correlations in nature. Since then many different models had been introduced to study SOC. All of them have few common…