A simple mean field model for social interactions: dynamics, fluctuations, criticality

Abstract

We study the dynamics of a spin-flip model with a mean field interaction. The system is non reversible, spacially inhomogeneous, and it is designed to model social interactions. We obtain the limiting behavior of the empirical averages in the limit of infinitely many interacting individuals, and show that phase transition occurs. Then, after having obtained the dynamics of normal fluctuations around this limit, we analize long time fluctuations for critical values of the parameters. We show that random inhomogeneities produce critical fluctuations at a shorter time scale compared to the homogeneous system.

37 pages, 2 figures

References in corpus (2)

• Large portfolio losses: A dynamic contagion model
• The role of disorder in the dynamics of critical fluctuations of mean field models

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