On the role of volatility in the evolution of social networks
arXiv:0807.0348 · doi:10.1140/epjb/e2008-00365-8
Abstract
We study how the volatility, node- or link-based, affects the evolution of social networks in simple models. The model describes the competition between order -- promoted by the efforts of agents to coordinate -- and disorder induced by volatility in the underlying social network. We find that when volatility affects mostly the decay of links, the model exhibit a sharp transition between an ordered phase with a dense network and a disordered phase with a sparse network. When volatility is mostly node-based, instead, only the symmetric (disordered) phase exists These two regimes are separated by a second order phase transition of unusual type, characterized by an order parameter critical exponent . We argue that node volatility has the same effect in a broader class of models, and provide numerical evidence in this direction.
6 pages 6 figures. submitted to EPJ B