2 papers
physics.soc-ph2023
Simple model of market share dynamics based on clients' firm-switching decisions
Joseph Hickey
Firms compete for clients, creating distributions of market shares ranging from domination by a few giant companies to markets in which there are many small firms. These market str…
physics.soc-ph2017
Self-organization and time-stability of social hierarchies
Joseph Hickey, Jörn Davidsen
The formation and stability of social hierarchies is a question of general relevance. Here, we propose a simple generalized theoretical model for establishing social hierarchy via…