Applications of Small-World Networks to some Socio-economic Systems
arXiv:cond-mat/0212071 · doi:10.1016/S0378-4371(02)01956-8
Abstract
Small-world networks (SWN) are found to be closer to the real social systems than both regular and random lattices. Then, a model for the evolution of economic systems is generalized to SWN. The Sznajd model for the two-state opinion formation problem is applied to SWN. Then a simple definition of leaders is included. These models explain some socio-economic aspects.
7 pages, 1 figure, for the proceedings of IEC 2002, Bali, Indonesia