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Agent-based modeling (ABM) has emerged as a powerful tool in social policy-making and socio-economics, offering a flexible and dynamic approach to understanding and simulating complex systems. While traditional analytic methods may be less…

Multiagent Systems · Computer Science 2025-04-03 Shayan Firouzian Haji

Nowadays, we are surrounded by a large number of complex phenomena ranging from rumor spreading, social norms formation to rise of new economic trends and disruption of traditional businesses. To deal with such phenomena,Complex Adaptive…

Analytical approaches in models of opinion formation have been extensively studied either for an opinion represented as a discrete or a continuous variable. In this paper, we analyze a model which combines both approaches. The state of an…

Physics and Society · Physics 2023-02-01 Lucía Pedraza , Juan Pablo Pinasco , Viktoriya Semeshenko , Pablo Balenzuela

In human societies opinion formation is mediated by social interactions, consequently taking place on a network of relationships and at the same time influencing the structure of the network and its evolution. To investigate this…

Physics and Society · Physics 2012-05-22 Gerardo Iñiguez , János Kertész , Kimmo K. Kaski , R. A. Barrio

We here propose a model to simulate the process of opinion formation, which accounts for the mutual affinity between interacting agents. Opinion and affinity evolve self-consistently, manifesting a highly non trivial interplay. A continuous…

Physics and Society · Physics 2009-09-29 Franco Bagnoli , Timoteo Carletti , Duccio Fanelli , Alessio Guarino , Andrea Guazzini

Agent Based Modeling (ABM) has become a widespread approach to model complex interactions. In this chapter after briefly summarizing some features of ABM the different approaches in modeling spatial interactions are discussed. It is…

Physics and Society · Physics 2014-05-06 Marcel Ausloos , Herbert Dawid , Ugo Merlone

We propose and study a stochastic binary opinion model where agents in a group are considered to hold an opinion of 0 or 1 at each moment. An agent in the group updates his/her opinion based on the group's opinion configuration and his/her…

Physics and Society · Physics 2022-12-27 Serap Tay Stamoulas , Muruhan Rathinam

An increasing number of emerging applications, e.g., internet of things, vehicular communications, augmented reality, and the growing complexity due to the interoperability requirements of these systems, lead to the need to change the tools…

Multiagent Systems · Computer Science 2019-01-16 Merim Dzaferagic , M. Majid Butt , Maria Murphy , Nicholas Kaminski , Nicola Marchetti

Opinion dynamics concerns social processes through which populations or groups of individuals agree or disagree on specific issues. As such, modelling opinion dynamics represents an important research area that has been progressively…

Physics and Society · Physics 2013-09-06 Alina Sîrbu , Vittorio Loreto , Vito D. P. Servedio , Francesca Tria

A fundamental challenge in opinion dynamics research is the scarcity of real-world longitudinal opinion data, which complicates the validation of theoretical models. To address this, we propose a novel simulation framework using large…

Computer Science and Game Theory · Computer Science 2026-02-16 Yulong He , Dutao Zhang , Sergey Kovalchuk , Pengyi Li , Artem Sedakov

Agent-based modeling is a powerful simulation technique to understand the collective behavior and microscopic interaction in complex financial systems. Recently, the concept for determining the key parameters of the agent-based models from…

Statistical Finance · Quantitative Finance 2017-03-21 T. T. Chen , B. Zheng , Y. Li , X. F. Jiang

This paper introduces a class of non-linear and continuous-time opinion dynamics model with additive noise and state dependent interaction rates between agents. The model features interaction rates which are proportional to a negative power…

Probability · Mathematics 2020-12-15 Jae Oh Woo , François Baccelli , Sriram Vishwanath

Networked multi-agent dynamical systems have been used to model how individual opinions evolve over time due to the opinions of other agents in the network. Particularly, such a model has been used to study how a planning agent can be used…

Social and Information Networks · Computer Science 2026-03-19 Sheryl Paul , Leslie Cruz Juarez , Jyotirmoy V. Deshmukh , Ketan Savla

Understanding how opinions spread through a community or how consensus emerges in noisy environments can have a significant impact on our comprehension of social relations among individuals. In this work a model for the dynamics of opinion…

Physics and Society · Physics 2009-11-13 V. Schwammle , M. C. Gonzalez , A. A. Moreira , J. S. Jr. Andrade , H. J. Herrmann

The reproduction of realistic dynamics in financial markets is of great significance, as it enhances our understanding of market evolution beyond other physical processes, and facilitates the development and backtesting of investment…

Multiagent Systems · Computer Science 2025-10-14 Tianlang He , Fengming Zhu , Keyan Lu , Chang Xu , Yang Liu , Weiqing Liu , Fangzhen Lin , S. -H. Gary Chan , Jiang Bian

Numerous models in opinion dynamics focus on the temporal dynamics within a single electoral unit (e.g., country). The empirical observations, on the other hand, are often made across multiple electoral units (e.g., polling stations) at a…

Physics and Society · Physics 2019-10-11 Aleksejus Kononovicius

We propose an opinion model based on agents located at the vertices of a regular lattice. Each agent has an independent opinion (among an arbitrary, but fixed, number of choices) and its own degree of conviction. The latter changes every…

Physics and Society · Physics 2012-05-29 S. R. Souza , S. Goncalves

Models of continuous opinion dynamics under bounded confidence have been presented independently by Krause and Hegselmann and by Deffuant et al in 2000. They have raised a fair amount of attention in the communities of social simulation,…

Physics and Society · Physics 2008-03-06 Jan Lorenz

Considerable effort using techniques developed in statistical physics has been aimed at numerical simulations of agent-based opinion models and analysis of their results. Such work has elucidated how various rules for interacting agents can…

Physics and Society · Physics 2019-08-06 Moorad Alexanian , Dylan McNamara

An agent-based model for firms' dynamics is developed. The model consists of firm agents with identical characteristic parameters and a bank agent. Dynamics of those agents is described by their balance sheets. Each firm tries to maximize…

General Finance · Quantitative Finance 2009-01-14 Hiroshi Iyetomi , Hideaki Aoyama , Yoshi Fujiwara , Yuichi Ikeda , Wataru Souma