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Recurrent boom-and-bust cycles are a salient feature of economic and financial history. Cycles found in the data are stochastic, often highly persistent, and span substantial fractions of the sample size. We refer to such cycles as "long".…

Econometrics · Economics 2025-03-10 Natasha Kang , Vadim Marmer

During the last few years, much research has been devoted to strategic interactions on complex networks. In this context, the Prisoner's Dilemma has become a paradigmatic model, and it has been established that imitative evolutionary…

Physics and Society · Physics 2015-02-18 Carlos Gracia-Lazaro , Jose A. Cuesta , Angel Sanchez , Yamir Moreno

We study the performance of general dynamic matching models. This model is defined by a connected graph, where nodes represent the class of items and the edges the compatibilities between items. Items of different classes arrive one by one…

Computer Science and Game Theory · Computer Science 2020-09-22 Arnaud Cadas , Josu Doncel , Jean-Michel Fourneau , Ana Bušić

The matching hypothesis in social psychology claims that people are more likely to form a committed relationship with someone equally attractive. Previous works on stochastic models of human mate choice process indicate that patterns…

Physics and Society · Physics 2015-12-02 Tao Jia , Robert F. Spivey , Boleslaw Szymanski , Gyorgy Korniss

We introduce a general contagion-like model for competing opinions that includes dynamic resistance to alternative opinions. We show that this model can describe candidate vote distributions, spatial vote correlations, and a slow approach…

Physics and Society · Physics 2016-03-08 Keith A. Burghardt , William Rand , Michelle Girvan

Heterogeneity in individual characteristics and behaviour is a fundamental property of complex dynamical systems. While previous studies on evolutionary dynamics of strategies evolution in various systems have predominantly focused on the…

Physics and Society · Physics 2026-04-23 Xiaochen Wang

Cooperation is fundamental to the evolution of human society. We regularly observe cooperative behaviour in everyday life and in controlled experiments with anonymous people, even though standard economic models predict that they should…

Computer Science and Game Theory · Computer Science 2015-06-19 Valerio Capraro , Conor Smyth , Kalliopi Mylona , Graham A. Niblo

In the coevolving voter model, each voter has one of two diametrically opposite opinions, and a voter encountering a neighbor with the opposite opinion may either adopt it or rewire the connection to another randomly chosen voter sharing…

Physics and Society · Physics 2013-01-22 Su Do Yi , Seung Ki Baek , Chen-Ping Zhu , Beom Jun Kim

In recent years, opinion dynamics has received an increasing attention, and various models have been introduced and evaluated mainly by simulation. In this study, we introduce and study a dynamical model inspired by the so-called `bounded…

Dynamical Systems · Mathematics 2018-11-07 Sergei Yu. Pilyugin , M. C. Campi

Anthropologists have observed gift relationships that establish social relations as well as the transference of goods in many human societies. The totality of such social relations constitutes the network. Social scientists have analysed…

Physics and Society · Physics 2022-06-09 Kenji Itao , Kunihiko Kaneko

Prosocial behaviors are encountered in the donation game, the prisoner's dilemma, relaxed social dilemmas, and public goods games. Many studies assume that the population structure is homogeneous, meaning all individuals have the same…

Populations and Evolution · Quantitative Biology 2020-05-28 Alex McAvoy , Benjamin Allen , Martin A. Nowak

Experimental studies have shown the ubiquity of altruistic behavior in human societies. The social structure is a fundamental ingredient to understand the degree of altruism displayed by the members of a society, in contrast to…

Adaptation and Self-Organizing Systems · Physics 2009-05-27 Víctor M. Eguíluz , Claudio J. Tessone

A microscopic dynamic model is here constructed and analyzed, describing the evolution of the income distribution in the presence of taxation and redistribution in a society in which also tax evasion and auditing processes occur. The focus…

General Finance · Quantitative Finance 2017-05-03 M. L. Bertotti , G. Modanese

A longstanding idea in the literature on human cooperation is that cooperation should be reinforced when conditional cooperators are more likely to interact. In the context of social networks, this idea implies that cooperation should fare…

Computer Science and Game Theory · Computer Science 2015-05-19 Siddharth Suri , Duncan J. Watts

Measuring and modeling human behavior is a very complex task. In this paper we present our initial thoughts on modeling and automatic recognition of some human activities in an office. We argue that to successfully model human activities,…

Computer Vision and Pattern Recognition · Computer Science 2007-06-14 Michele Bezzi , Robin Groenevelt

In this article, I present a new approach and a novel model to the study of the life cycle of wages. The key idea is that wage can be thought as remuneration paid for the competency. It is assumed with the approach that there are three…

Physics and Society · Physics 2007-05-23 S. I. Maximov

We propose a conformity-driven reproductive ability in which an individual $i$ is more (less) likely to imitate a neighbor $j$'s strategy if $j$'s strategy is majority (minority) in $i$'s neighborhood. The results on the evolutionary…

Physics and Society · Physics 2018-02-14 Han-Xin Yang , Lijun Tian

A mixture with varying concentrations is a modification of a finite mixture model in which the mixing probabilities (concentrations of mixture components) may be different for different observations. In the paper, we assume that the…

Probability · Mathematics 2015-03-19 Alexey Doronin , Rostyslav Maiboroda

A non-zero-sum 3-person coalition game is presented, to study the evolution of complexity and diversity in cooperation, where the population dynamics of players with strategies is given according to their scores in the iterated game and…

adap-org · Physics 2015-06-30 Eizo Akiyama , Kunihiko Kaneko
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