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Levels of sociality in nature vary widely. Some species are solitary; others live in family groups; some form complex multi-family societies. Increased levels of social interaction can allow for the spread of useful innovations and…

Physics and Society · Physics 2023-01-11 Daniel B. Cooney , Dylan H. Morris , Simon A. Levin , Daniel I. Rubenstein , Pawel Romanczuk

We address the issue of the dynamics of wealth accumulation and economic crisis triggered by extreme inequality, attempting to stick to most possibly intrinsic assumptions. Our general framework is that of pure or modified multiplicative…

Economics · Quantitative Finance 2017-05-17 Henri Benisty

Uncertainty, characterised by randomness and stochasticity, is ubiquitous in applications of evolutionary game theory across various fields, including biology, economics and social sciences. The uncertainty may arise from various sources…

Populations and Evolution · Quantitative Biology 2024-11-04 Manh Hong Duong , The Anh Han

Many complex adaptive systems contain a large diversity of specialized components. The specialization at the level of the microscopic degrees of freedom, and diversity at the level of the system as a whole are phenomena that appear during…

adap-org · Physics 2007-05-23 Vivek S. Borkar , Sanjay Jain , Govindan Rangarajan

A tailor-made internet survey experiment provides individuals with information on their income positions to examine their effects on subjective well-being. In the first survey, respondents were asked about their household income and…

General Economics · Economics 2021-07-26 Eiji Yamamura

Time evolution of number of species (genera, families, and others), population of them, and size distribution of present ones and life times are studied in terms of a new model, where population of each genetic taxon increases by a (random)…

Populations and Evolution · Quantitative Biology 2007-05-23 Caglar Tuncay

We study the effect of the social stratification on the wealth distribution on a system of interacting economic agents that are constrained to interact only within their own economic class. The economical mobility of the agents is related…

Physics and Society · Physics 2009-11-11 M. F. Laguna , S. Risau Gusman , J. R. Iglesias

Population dynamics of a competitive two-species system under the influence of random events are analyzed and expressions for the steady-state population mean, fluctuations, and cross-correlation of the two species are presented. It is…

Populations and Evolution · Quantitative Biology 2020-02-19 M. M. Tehrani , S. Soltanieh

We propose a class of evolutionary models that involves an arbitrary exchangeable process as the breeding process and different selection schemes. In those models, a new genome is born according to the breeding process, and then a genome is…

Neural and Evolutionary Computing · Computer Science 2020-08-25 Jüri Lember , Chris Watkins

Models that explain the economical and political realities of nowadays societies should help all the world's citizens. Yet, the last four years showed that the current models are missing. Here we develop a dynamical society-deciders model…

Physics and Society · Physics 2011-12-02 Ophir Flomenbom

This study investigates the emergence of power-law and other concentrated distributions through a feedback loop model in crowd interactions. Agents act by their response functions to observations and external forces, while observations…

General Economics · Economics 2024-12-18 Jake J. Xia

A general population evolution model is considered. Any individual of the population is characterized by its score. Certain general conditions are assumed concerning the number of the individuals and their scores. Asymptotic theorems are…

Probability · Mathematics 2016-04-07 I. Fazekas , Cs. Noszály , A. Perecsényi

In social dilemmas, individuals face a conflict between their own self-interest and the collective interest of the group. The provision of reward has been shown to be an effective means to drive cooperation in such situations. However,…

Physics and Society · Physics 2023-08-21 Shijia Hua , Linjie Liu

Innovation is a key ingredient for the evolution of several systems, including social and biological ones. Focused investigations and lateral thinking may lead to innovation, as well as serendipity and other random discovery processes. Some…

Physics and Society · Physics 2017-05-12 Giuliano Armano , Marco Alberto Javarone

This paper shows that differentiating the lifetimes of two phenotypes independently from their fertility can lead to a qualitative change in the equilibrium of a population: since survival and reproduction are distinct functional aspects of…

Populations and Evolution · Quantitative Biology 2013-05-22 Ignacio Gallo

The diversity in wealth and social status is present not only among humans, but throughout the animal world. We account for this observation by generating random variables that determ ine the social diversity of players engaging in the…

Physics and Society · Physics 2008-03-29 Matjaz Perc , Attila Szolnoki

We examine the dynamics of an age-structured population model in which the life expectancy of an offspring may be mutated with respect to that of the parent. While the total population of the system always reaches a steady state, the…

adap-org · Physics 2007-05-23 W. Hwang , P. L. Krapivsky , S. Redner

The prevalence of many urban phenomena changes systematically with population size. We propose a theory that unifies models of economic complexity and cultural evolution to derive urban scaling. The theory accounts for the difference in…

Physics and Society · Physics 2016-12-28 Andres Gomez-Lievano , Oscar Patterson-Lomba , Ricardo Hausmann

We discuss the equivalence between kinetic wealth-exchange models, in which agents exchange wealth during trades, and mechanical models of particles, exchanging energy during collisions. The universality of the underlying dynamics is shown…

General Finance · Quantitative Finance 2009-11-13 Anirban Chakraborti , Marco Patriarca

Classic economic science is reaching the limits of its explanatory powers. Complexity science uses an increasingly larger set of different methods to analyze physical, biological, cultural, social, and economic factors, providing a broader…

General Finance · Quantitative Finance 2017-07-11 Klaus Jaffe