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We propose a set of conservative models in which agents exchange wealth with a preference in the choice of interacting agents in different ways. The common feature in all the models is that the temporary values of financial status of agents…

Physics and Society · Physics 2015-06-22 Sanchari Goswami , Parongama Sen

In this paper, we extend Gary Becker's empirical analysis of the marriage market to same-sex couples. Becker's theory rationalizes the well-known phenomenon of homogamy among different-sex couples: individuals mate with their likes because…

General Economics · Economics 2021-02-15 Edoardo Ciscato , Alfred Galichon , Marion Goussé

We study how a behavior (an idea, buying a product, having a disease, adopting a cultural fad or a technology) spreads among agents in an a social network that exhibits segregation or homophily (the tendency of agents to associate with…

Physics and Society · Physics 2011-11-02 Matthew O. Jackson , Dunia Lopez-Pintado

Closeness is a global measure of centrality in networks, and a proxy for how influential actors are in social networks. In most network models, and many empirical networks, closeness is strongly correlated with degree. However, in social…

Physics and Society · Physics 2009-09-10 Petter Holme , Gourab Ghoshal

We present an agent-based model of economic exchange in a society composed of two groups, representing two social groups and with different internal protection rules for the poor agents. The goal is to address the emerging wealth…

Physics and Society · Physics 2025-05-01 Thiago Dias , Sebastián Gonçalves

The model is based on a vector representation of each agent. The components of the vector are the key continuous attributes that determine the social behavior of the agent. A simple mathematical force vector model is used to predict the…

General Physics · Physics 2021-12-15 G. Jordan Maclay , Moody Ahmad

When consequential decisions are informed by algorithmic input, individuals may feel compelled to alter their behavior in order to gain a system's approval. Models of agent responsiveness, termed "strategic manipulation," analyze the…

Machine Learning · Computer Science 2019-05-13 Lily Hu , Nicole Immorlica , Jennifer Wortman Vaughan

Sexual reproductive behavior has a necessary social coordination component as willing and capable partners must both be in the right place at the right time. It has recently been demonstrated that many social organizations that support…

Populations and Evolution · Quantitative Biology 2016-04-26 Chris Marriott , Jobran Chebib

Understanding the evolutionary stability of cooperation is a central problem in biology, sociology, and economics. There exist only a few known mechanisms that guarantee the existence of cooperation and its robustness to cheating. Here, we…

Populations and Evolution · Quantitative Biology 2024-11-20 Lorenzo Fant , Onofrio Mazzarisi , Emanuele Panizon , Jacopo Grilli

We consider a model of power distribution in a social system where a set of agents play a simple game on a graph: the probability of winning each round is proportional to the agent's current power, and the winner gets more power as a…

Physics and Society · Physics 2019-07-30 Silvia N. Santalla , Kostadin Koroutchev , Elka Korutcheva , Javier Rodriguez-Laguna

Is homophily in social and economic networks driven by a taste for homogeneity (preferences) or by a higher probability of meeting individuals with similar attributes (opportunity)? This paper studies identification and estimation of an…

Econometrics · Economics 2026-03-20 Luis Alvarez , Cristine Pinto , Vladimir Ponczek

Learning and adaptation play great role in emergent socio-economic phenomena. Complex dynamics has been previously found in the systems of multiple learning agents interacting via a simple game. Meanwhile, the single agent adaptation is…

Physics and Society · Physics 2020-05-18 Arkady Zgonnikov , Ihor Lubashevsky

Endogenous, ideas-led, growth theory and agent based modelling with neighbourhood effects literature are crossed. In an economic overlapping generations framework, it is shown how social interactions and neighbourhood effects are of vital…

Adaptation and Self-Organizing Systems · Physics 2007-05-23 Tanya Araujo , Miguel St. Aubyn

A broad set of empirical phenomenon in the study of social, economic and machine behaviour can be modelled as complex systems with averaging dynamics. However many of these models naturally result in consensus or consensus-like outcomes. In…

Multiagent Systems · Computer Science 2020-07-03 Orowa Sikder

Cooperation between individuals is emergent in all parts of society, yet mechanistic reasons for this emergence is ill understood in the literature. A specific example of this is insurance. Recent work has, though, shown that assuming the…

Physics and Society · Physics 2024-03-20 Tobias Wand , Oliver Kamps , Benjamin Skjold

Here we present an agent-based model where agents interact with other agents by playing a hybrid of dictator and ultimatum games in a co-evolving social network. The basic assumption about the behaviour of the agents in both games is that…

Physics and Society · Physics 2020-08-20 Jan E. Snellman , Rafael Barrio , Kimmo Kaski

Many recent models of trade dynamics use the simple idea of wealth exchanges among economic agents in order to obtain a stable or equilibrium distribution of wealth among the agents. In particular, a plain analogy compares the wealth in a…

General Finance · Quantitative Finance 2015-05-30 J. R. Iglesias , R. M. C. de Almeida

We study the mutual influence of authority and persuasion in the flow of opinion. Many social organizations are characterized by a hierarchical structure where the propagation of opinion is asymmetric. In the normal flow of opinion…

Adaptation and Self-Organizing Systems · Physics 2009-11-10 M. F. Laguna , S. Risau-Gusman , G. Abramson , S. Goncalves , J. R. Iglesias

We study a model for social influence in which the agents' opinion is a continuous variable [G. Weisbuch et al., Complexity \textbf{7}, 2, 55 (2002)]. The convergent opinion adjustment process takes place as a result of random binary…

Statistical Mechanics · Physics 2007-05-23 M. F. Laguna , Guillermo Abramson , Damian H. Zanette

We present an agent-based model of microscopic wealth exchange in a dynamic network to study the topological features associated with economic inequality. The model evolves through two alternating processes, the conservative exchange of…

Physics and Society · Physics 2024-08-30 Gustavo Kohlrausch , Sebastián Gonçalves