Phenomenological models of socioeconomic network dynamics

George C. M. A. Ehrhardt, Matteo Marsili, and Fernando Vega-Redondo
Phys. Rev. E 74, 036106 – Published 13 September 2006

Abstract

We study a general set of models of social network evolution and dynamics. The models consist of both a dynamics on the network and evolution of the network. Links are formed preferentially between “similar” nodes, where the similarity is defined by the particular process taking place on the network. The interplay between the two processes produces phase transitions and hysteresis, as seen using numerical simulations for three specific processes. We obtain analytic results using mean-field approximations, and for a particular case we derive an exact solution for the network. In common with real-world social networks, we find coexistence of high and low connectivity phases and history dependence.

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  • Received 5 April 2006

DOI:https://doi.org/10.1103/PhysRevE.74.036106

©2006 American Physical Society

Authors & Affiliations

George C. M. A. Ehrhardt* and Matteo Marsili

  • The Abdus Salam ICTP, Strada Costiera 11, I-34014 Trieste, Italy

Fernando Vega-Redondo

  • Facultad de Economicas, Universidad de Alicante, 03071 Alicante, Spain

  • *Electronic address: gehrhard@ictp.trieste.it
  • Also at University of Essex, Wivenhoe Park, Colchester CO4 3SQ, UK.

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Issue

Vol. 74, Iss. 3 — September 2006

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