4 papers
Explaining herding and volatility in the cyclical price dynamics of urban housing markets using a large scale agent-based model
Kirill S. Glavatskiy, Mikhail Prokopenko, Adrian Carro +2
Urban housing markets, along with markets of other assets, universally exhibit periods of strong price increases followed by sharp corrections. The mechanisms generating such non-l…
Herding and idiosyncratic choices: Nonlinearity and aging-induced transitions in the noisy voter model
Oriol Artime, Adrián Carro, Antonio F. Peralta +3
We consider the herding to non-herding transition caused by idiosyncratic choices or imperfect imitation in the context of the Kirman Model for financial markets, or equivalently t…
Stochastic pair approximation treatment of the noisy voter model
A. F. Peralta, A. Carro, M. San Miguel +1
We present a full stochastic description of the pair approximation scheme to study binary-state dynamics on heterogeneous networks. Within this general approach, we obtain a set of…
Analytical and numerical study of the non-linear noisy voter model on complex networks
A. F. Peralta, A. Carro, M. San Miguel +1
We study the noisy voter model using a specific non-linear dependence of the rates that takes into account collective interaction between individuals. The resulting model is solved…