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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…

Physics and Society · Physics 2015-06-26 Marcel Ausloos , Paulette Clippe , Andrzej Pekalski

From some observations on economic behaviors, in particular changing economic conditions with time and space, we develop a very simple model for the evolution of economic entities within a geographical type of framework. We raise a few…

Adaptation and Self-Organizing Systems · Physics 2012-08-31 Marcel Ausloos , Paulette Clippe , Andrzej Pekalski

A microscopic approach to macroeconomic features is intended. A model for macroeconomic behavior under heterogeneous spatial economic conditions is reviewed. A birth-death lattice gas model taking into account the influence of an economic…

Statistical Mechanics · Physics 2009-11-10 Marcel Ausloos , Paulette Clippe , Janusz Miśkiewicz , Andrzej Pekalski

Understanding how spatial configurations of economic activity emerge is important when formulating spatial planning and economic policy. Not only micro-simulation and agent-based model such as UrbanSim, ILUMAS and SIMFIRMS, but also Simon's…

Multiagent Systems · Computer Science 2012-05-02 Jung-Hun Yang , Dick Ettema , Koen Frenken , Frank Van Oort , Evert-Jan Visser

Understanding how spatial configurations of economic activity emerge is important when formulating spatial planning and economic policy. A simple model was proposed by Simon, who assumed that firms grow at a rate proportional to their size,…

Multiagent Systems · Computer Science 2012-05-01 Jung-Hun Yang , Dick Ettema , Koen Frenken

Firms compete for clients, creating distributions of market shares ranging from domination by a few giant companies to markets in which there are many small firms. These market structures evolve in time, and may remain stable for many years…

Physics and Society · Physics 2024-01-09 Joseph Hickey

A birth-death lattice gas model about the influence of an environment on the fitness and concentration evolution of economic entities is analytically examined. The model can be mapped onto a high order logistic map. The control parameter is…

Statistical Mechanics · Physics 2012-10-03 J. Miśkiewicz , M. Ausloos

In the present work we extend the Bak-Sneppen model for biological evolution by introducing local interactions between species. This ``environmental'' perturbation can modify the intrinsic fitness of each element of the ecology, leading to…

Other Condensed Matter · Physics 2010-10-14 M. Bartolozzi , D. B. Leinweber , A. W. Thomas

Phenotypic evolution implies sequential fixations of new genomic sequences. The speed at which these mutations fixate depends, in part, on the relative fitness (selection coefficient) of the mutant vs. the ancestor. Using a simple…

Populations and Evolution · Quantitative Biology 2014-02-04 Sorin Tanase-Nicola , Ilya Nemenman

One dimensional stylized model taking into account spatial activity of firms with uniformly distributed customers is proposed. The spatial selling area of each firm is defined by a short interval cut out from selling space (large interval).…

General Finance · Quantitative Finance 2008-12-02 Zoltan Kuscsik , Denis Horvath

We study the evolution of recombination using a microscopic model developed within the frame of the theory of quantitative traits. Two components of fitness are considered: a static one that describes adaptation to environmental factors not…

Populations and Evolution · Quantitative Biology 2007-05-23 Franco Bagnoli , Carlo Guardiani

Recent research in economic theory attempts to study optimal economic growth and spatial location of economic activity in a unified framework. So far, the key result of this literature - asymptotic convergence, even in the absence of…

General Finance · Quantitative Finance 2014-01-21 Gani Aldashev , Serik Aldashev , Timoteo Carletti

Here we provide a detailed analysis, along with some extensions and additonal investigations, of a recently proposed self-organised model for the evolution of complex networks. Vertices of the network are characterised by a fitness variable…

Physics and Society · Physics 2008-08-29 Guido Caldarelli , Andrea Capocci , Diego Garlaschelli

This study simulates the evolution of artificial economies in order to understand the tax relevance of administrative boundaries in the quality of life of its citizens. The modeling involves the construction of a computational algorithm,…

Multiagent Systems · Computer Science 2016-10-10 Bernardo Alves Furtado , Isaque Daniel Rocha Eberhardt

Standard micro-economics concentrate on the description of markets but is seldom interested in production. Several economists discussed the concept of a firm, as opposed to an open labour market where entrepreneurs would recrute workers on…

General Finance · Quantitative Finance 2008-12-02 G. Weisbuch , D. Stauffer , D. Mangalagiu , R. Ben-Av , S. Solomon

We study size and growth distributions of products and business firms in the context of a given industry. Firm size growth is analyzed in terms of two basic mechanisms, i.e. the increase of the number of new elementary business units and…

Condensed Matter · Physics 2009-11-10 G. De Fabritiis , F. Pammolli , M. Riccaboni

This paper examines the spatial agglomeration of workers and income in a continuous space-time framework. Local markets feature spatial spillovers and both exogenous and endogenous amenities. Workers relocate to maximise their instantaneous…

Theoretical Economics · Economics 2025-02-21 Davide Fiaschi , Cristiano Ricci

A model is presented of the market dynamics to emphasis the effects of increasing returns to scale, including the description of the born and death of the adaptive producers. The evolution of market structure and its behavior with the…

Statistical Mechanics · Physics 2008-12-02 Ying Fan , Menghui Li , Zengru Di

We introduce a model in which city populations grow at rates proportional to the area of their "sphere of influence", where the influence of a city depends on its population (to power \alpha) and distance from city (to power -\beta) and…

Physics and Society · Physics 2012-09-25 David Aldous , Bowen Huang

Intricate interactions among firms, institutions, and spatial structures shape urban economic systems. In this study, we propose a framework based on three structural dimensions -- abundance, diversity, and longevity (ADL) of economic units…

Physics and Society · Physics 2026-01-28 Marco A. Rosas Pulido , Roberto Murcio , Omar R. Vázquez , Carlos Gershenson
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