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Regulation Effects On Market With Bak–Sneppen Model In High Dimensions

Author

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  • TAKUYA YAMANO

    (Institute for Theoretical Physics, Cologne University, D-50923 Köln, Euroland)

Abstract

We present the effect of regulations on self-organized market by using biological model of Bak–Sneppen in higher dimensions. This study extends the idea of Cunibertiet al.The higher-dimensional description of the market receives less effect of regulation than that of lower one.

Suggested Citation

  • Takuya Yamano, 2001. "Regulation Effects On Market With Bak–Sneppen Model In High Dimensions," International Journal of Modern Physics C (IJMPC), World Scientific Publishing Co. Pte. Ltd., vol. 12(09), pages 1329-1333.
    • Handle: RePEc:wsi:ijmpcx:v:12:y:2001:i:09:n:s0129183101002620
    DOI: 10.1142/S0129183101002620
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    Citations

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    Cited by:

    1. Bartolozzi, M. & Leinweber, D.B. & Thomas, A.W., 2006. "Symbiosis in the Bak–Sneppen model for biological evolution with economic applications," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 365(2), pages 499-508.
    2. Ausloos, Marcel & Clippe, Paulette & Pȩkalski, Andrzej, 2004. "Evolution of economic entities under heterogeneous political/environmental conditions within a Bak–Sneppen-like dynamics," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 332(C), pages 394-402.
    3. Bagatella-Flores, N. & Rodríguez-Achach, M. & Coronel-Brizio, H.F. & Hernández-Montoya, A.R., 2015. "Wealth distribution of simple exchange models coupled with extremal dynamics," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 417(C), pages 168-175.
    4. Lu, Di & Du, Shuming, 2007. "Regulating economic systems in a multi-trait model of self-organized criticality," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 373(C), pages 586-592.
    5. N. Bagatella-Flores & M. Rodriguez-Achach & H. F. Coronel-Brizio & A. R. Hernandez-Montoya, 2014. "Wealth distribution of simple exchange models coupled with extremal dynamics," Papers 1407.7153, arXiv.org.

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