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We study an agent-based model of evolution of wealth distribution in a macro-economic system. The evolution is driven by multiplicative stochastic fluctuations governed by the law of proportionate growth and interactions between agents. We…

Physics and Society · Physics 2019-11-22 Zdzislaw Burda , Pawel Wojcieszak , Konrad Zuchniak

Inspired by scientific collaboration networks, especially our empirical analysis of the network of econophysicists, an evolutionary model for weighted networks is proposed. Both degree-driven and weight-driven models are considered.…

Disordered Systems and Neural Networks · Physics 2007-05-23 Menghui Li , Jinshan Wu , Dahui Wang , Tao Zhou , Zengru Di , Ying Fan

Economy is demanding new models, able to understand and predict the evolution of markets. To this respect, Econophysics offers models of markets as complex systems, that try to comprehend macro-, system-wide states of the economy from the…

Trading and Market Microstructure · Quantitative Finance 2015-05-20 Carmen Pellicer-Lostao , Ricardo Lopez-Ruiz

The power law has been observed in the degree distributions of many biological neural networks. Sparse deep neural networks, which learn an economical representation from the data, resemble biological neural networks in many ways. In this…

Machine Learning · Computer Science 2018-05-08 Lu Hou , James T. Kwok

A network growth mechanism based on a two-step preferential rule is investigated as a model of network growth in which no global knowledge of the network is required. In the first filtering step a subset of fixed size $m$ of existing nodes…

Disordered Systems and Neural Networks · Physics 2009-11-10 Hrvoje Stefancic , Vinko Zlatic

We propose a wide class of preferential attachment models of random graphs, generalizing previous approaches. Graphs described by these models obey the power-law degree distribution, with the exponent that can be controlled in the models.…

Combinatorics · Mathematics 2015-05-20 Liudmila Ostroumova , Alexander Ryabchenko , Egor Samosvat

In many real world networks, the number of links increases nonlinearly with the number of nodes. Models of such accelerated growth have been considered earlier with deterministic and stochastic number of links. Here we consider stochastic…

Statistical Mechanics · Physics 2009-11-10 Parongama Sen

The characterization of the "most connected" nodes in static or slowly evolving complex networks has helped in understanding and predicting the behavior of social, biological, and technological networked systems, including their robustness…

Physics and Society · Physics 2010-10-21 Scott A. Hill , Dan Braha

For taxonomic levels higher than species, the abundance distributions of number of subtaxa per taxon tend to approximate power laws, but often show strong deviationns from such a law. Previously, these deviations were attributed to…

Biological Physics · Physics 2009-11-06 Johan Chu , Chris Adami

How does social network structure amplify or stifle behavior diffusion? Existing theory suggests that when social reinforcement makes the adoption of behavior more likely, it should spread more -- both farther and faster -- on clustered…

Social and Information Networks · Computer Science 2025-07-11 Allison Wan , Christoph Riedl , David Lazer

We consider the problem of explaining the emergence and evolution of cooperation in dynamic network-structured populations. Building on seminal work by Poncela et al, which shows how cooperation (in one-shot prisoner's dilemma) is supported…

Computer Science and Game Theory · Computer Science 2016-05-10 Steve Miller , Joshua Knowles

We construct a model of wealth distribution, based on an interactive multiplicative stochastic process on static complex networks. Through numerical simulations we show that a decrease in the number of links discourages equality in wealth…

Statistical Mechanics · Physics 2007-05-23 Wataru Souma , Yoshi Fujiwara , Hideaki Aoyama

Stochastic models, based on random processes, may lead to power law distributions, which provide long range correlations. The observation of power law behavior and the presence of long range correlations in biological systems has been…

Statistical Mechanics · Physics 2008-03-26 Thomas Oikonomou

We propose a preferential attachment model for network growth where new entering nodes have a partial information about the state of the network. Our main result is that the presence of bounded information modifies the degree distribution…

Physics and Society · Physics 2015-06-22 Timoteo Carletti , Floriana Gargiulo , Renaud Lambiotte

Exponential distribution is ubiquitous in the framework of multi-agent systems. Usually, it appears as an equilibrium state in the asymptotic time evolution of statistical systems. It has been explained from very different perspectives. In…

Adaptation and Self-Organizing Systems · Physics 2011-03-10 Ricardo Lopez-Ruiz , Jose-Luis Lopez , Xavier Calbet

Degree distributions of many real networks are known to follow the Mandelbrot law, which can be considered as an extension of the power law and is determined by not only the power-law exponent, but also the shifting coefficient. Although…

Data Analysis, Statistics and Probability · Physics 2012-02-15 Xue-Zao Ren , Zimo Yang , Bing-Hong Wang , Tao Zhou

We introduce preferential behavior into the study on statistical mechanics of money circulation. The computer simulation results show that the preferential behavior can lead to power laws on distributions over both holding time and amount…

Physics and Society · Physics 2009-11-11 Ning Ding , Yougui Wang

The recent interest in human dynamics has led researchers to investigate the stochastic processes that explain human behaviour in different contexts. Here we propose a generative model to capture the essential dynamics of survival analysis,…

Physics and Society · Physics 2015-06-18 Trevor Fenner , Mark Levene , George Loizou

The "power of choice" has been shown to radically alter the behavior of a number of randomized algorithms. Here we explore the effects of choice on models of tree and network growth. In our models each new node has k randomly chosen…

Statistical Mechanics · Physics 2009-11-13 Raissa M. D'Souza , Paul L. Krapivsky , Cristopher Moore

In this paper, we propose a general model for collaboration networks. Depending on a single free parameter "{\bf preferential exponent}", this model interpolates between networks with a scale-free and an exponential degree distribution. The…

Statistical Mechanics · Physics 2009-11-11 Tao Zhou , Ying-di Jin , Bing-Hong Wang , Da-Ren He , Pei-Pei Zhang , Yue He , Bei-Bei Su , Kan Chen , Zhong-Zhi Zhang