most citedSimon's fundamental rich-get-richer model entails a dominant first-mover advantage

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physics.soc-ph2016★ 15 cited

Simon's fundamental rich-get-richer model entails a dominant first-mover advantage

Peter Sheridan Dodds, David Rushing Dewhurst, Fletcher F. Hazlehurst +5

Herbert Simon's classic rich-get-richer model is one of the simplest empirically supported mechanisms capable of generating heavy-tail size distributions for complex systems. Simon…