Regulation effects on market with Bak-Sneppen model in high dimensions

Abstract

We present the effect of regulations on self-organized market by using biological model of Bak-Sneppen in higher dimensions. This study extends the idea of Cuniberti et.al. The higher-dimensional description of the market suffices less effect of regulation than that of lower one.

Int. J. Mod. Phys. C 12, No. 8 (2001)

Cited by in corpus (3)

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• Influence of Local Interactions in the Bak-Sneppen Model and Economic Applications
• Wealth distribution of simple exchange models coupled with extremal dynamics