Evolution of economic entities under heterogeneous political/environmental conditions within a Bak-Sneppen-like dynamics
arXiv:physics/0309007 · doi:10.1016/j.physa.2003.10.004
Abstract
A model for economic behavior, under heterogeneous spatial economic conditions is developed. The role of selection pressure in a Bak-Sneppen-like dynamics with entity diffusion on a lattice is studied by Monte-Carlo simulation taking into account business rule(s), like enterprise - enterprise short range location "interaction"(s), business plan(s) through spin-offs or merging and enterprise survival evolution law(s). It is numerically found that the model leads to a sort of phase transition for the fitness gap as a function of the selection pressure.
6 figures. to be published in Physica A
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