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This paper analyzes a model of innovation diffusion with case-based individuals a la Gilboa and Schmeidler (1995,1996,1997), who decide whether to consume an incumbent or a new product based on their and their social neighbors' previous…

Theoretical Economics · Economics 2023-01-30 Benson Tsz Kin Leung

We present a family of one-dimensional cellular automata modeling the diffusion of an innovation in a population. Starting from simple deterministic rules, we construct models parameterized by the interaction range and exhibiting a…

adap-org · Physics 2023-12-18 Nino Boccara , Henryk Fuks

This paper investigates the interplay between information diffusion in social networks and its impact on financial markets with an Agent-Based Model (ABM). Agents receive and exchange information about an observable stochastic component of…

General Economics · Economics 2024-12-24 Tommaso Di Francesco , Daniel Torren Peraire

Current social networks are of extremely large-scale generating tremendous information flows at every moment. How information diffuse over social networks has attracted much attention from both industry and academics. Most of the existing…

Social and Information Networks · Computer Science 2015-06-18 Chunxiao Jiang , Yan Chen , K. J. Ray Liu

Real-world social and/or operational networks consist of agents with associated states, whose connectivity forms complex topologies. This complexity is further compounded by interconnected information layers, consisting, for instance,…

Social and Information Networks · Computer Science 2016-02-22 Shahin Mahdizadehaghdam , Han Wang , Hamid Krim , Liyi Dai

Information diffusion in online social networks is affected by the underlying network topology, but it also has the power to change it. Online users are constantly creating new links when exposed to new information sources, and in turn…

Social and Information Networks · Computer Science 2016-04-04 Mehrdad Farajtabar , Yichen Wang , Manuel Gomez Rodriguez , Shuang Li , Hongyuan Zha , Le Song

We model a system of networking agents that seek to optimize their centrality in the network while keeping their cost, the number of connections they are participating in, low. Unlike other game-theory based models for network evolution,…

Populations and Evolution · Quantitative Biology 2007-05-23 Petter Holme , Gourab Ghoshal

There is currently growing interest in modeling the information diffusion on social networks across multi-disciplines. The majority of the corresponding research has focused on information diffusion independently, ignoring the network…

Physics and Society · Physics 2020-02-28 Chuang Liu , Nan Zhou , Xiu-Xiu Zhan , Gui-Quan Sun , Zi-Ke Zhang

We propose a model for the diffusion of several products competing in a common market based on the generalization of the Ising model of statiscal mechanics (Potts model). Using an agent based implementation, we analyze two problems: (i) a…

Applications · Statistics 2015-06-16 Carlos E. Laciana , Nicolas Oteiza Aguirre

Opinion diffusion is a crucial phenomenon in social networks, often underlying the way in which a collective of agents develops a consensus on relevant decisions. The voter model is a well-known theoretical model to study opinion spreading…

Multiagent Systems · Computer Science 2024-03-14 Luca Becchetti , Vincenzo Bonifaci , Emilio Cruciani , Francesco Pasquale

We present a new model for reasoning about the way information is shared among friends in a social network, and the resulting ways in which it spreads. Our model formalizes the intuition that revealing personal information in social…

Computer Science and Game Theory · Computer Science 2010-03-03 Jon Kleinberg , Katrina Ligett

The diffusion of innovations is an important topic for the consumer markets. Early research focused on how innovations spread on the level of the whole society. To get closer to the real world scenarios agent based models (ABM) started…

Social and Information Networks · Computer Science 2021-01-28 Natasa Vodopivec , Carole Adam , Jean-Pierre Chanteau

In this paper, we tackle the problem of innovation spreading from a modeling point of view. We consider a networked system of individuals, with a competition between two groups. We show its relation to the innovation spreading issues. We…

Physics and Society · Physics 2010-07-07 Krzysztof Suchecki , Andrea Scharnhorst , Janusz A. Holyst

A micro-level agent-based model of innovation diffusion was developed that explicitly combines (a) an individual's perception of the advantages or relative utility derived from adoption, and (b) social influence from members of the…

Social and Information Networks · Computer Science 2015-06-12 Carlos E. Laciana , Santiago L. Rovere , Guillermo P. Podestá

We describe and develop three recent novelties in network research which are particularly useful for studying social systems. The first one concerns the discovery of some basic dynamical laws that enable the emergence of the fundamental…

Physics and Society · Physics 2011-03-22 Pedro G. Lind , Hans J. Herrmann

This paper models the cyber-social system as a cyber-network of agents monitoring states of individuals in a social network. The state of each individual is represented by a social node and the interactions among individuals are represented…

Systems and Control · Computer Science 2020-04-22 Mohammadreza Doostmohammadian , Hamid R. Rabiee , Usman A. Khan

This paper proposes and analyzes a novel multi-agent opinion dynamics model in which agents have access to actions which are quantized version of the opinions of their neighbors. The model produces different behaviors observed in social…

Dynamical Systems · Mathematics 2016-02-08 N. R. Chowdhury , I. -C. Morarescu , S. Martin , S. Srikant

The dynamics of competing opinions in social network play an important role in society, with many applications in diverse social contexts as consensus, elections, morality and so on. Here we study a model of interacting agents connected in…

Physics and Society · Physics 2022-09-29 Antonio Mihara , Anderson A. Ferreira , André C. R. Martins , Fernando F. Ferreira

When multiple innovations compete for adoption, historical chance leading to early advantage can generate lock-in effects that allow suboptimal innovations to succeed at the expense of superior alternatives. Research on the diffusion of…

Physics and Society · Physics 2023-02-01 Joshua Becker

This paper develops strategic foundations for an important statistical model of random networks with heterogeneous expected degrees. Based on this, we show how social networking services that subtly alter the costs and indirect benefits of…

Applications · Statistics 2010-04-09 Benjamin Golub , Yair Livne