A simple mean field model for social interactions: dynamics, fluctuations, criticality (Q977199): Difference between revisions

From MaRDI portal
Added link to MaRDI item.
ReferenceBot (talk | contribs)
Changed an Item
 
(3 intermediate revisions by 3 users not shown)
Property / MaRDI profile type
 
Property / MaRDI profile type: MaRDI publication profile / rank
 
Normal rank
Property / OpenAlex ID
 
Property / OpenAlex ID: W2023543769 / rank
 
Normal rank
Property / arXiv ID
 
Property / arXiv ID: 0910.5078 / rank
 
Normal rank
Property / cites work
 
Property / cites work: Fluctuations in the Curie-Weiss version of the random field Ising model / rank
 
Normal rank
Property / cites work
 
Property / cites work: How noise matters. / rank
 
Normal rank
Property / cites work
 
Property / cites work: Discrete Choice with Social Interactions / rank
 
Normal rank
Property / cites work
 
Property / cites work: The role of disorder in the dynamics of critical fluctuations of mean field models / rank
 
Normal rank
Property / cites work
 
Property / cites work: Asymptotic dynamics, non-critical and critical fluctuations for a geometric long-range interacting model / rank
 
Normal rank
Property / cites work
 
Property / cites work: Social distance, heterogeneity and social interactions / rank
 
Normal rank
Property / cites work
 
Property / cites work: McKean-Vlasov limit for interacting random processes in random media. / rank
 
Normal rank
Property / cites work
 
Property / cites work: Large portfolio losses: A dynamic contagion model / rank
 
Normal rank
Property / cites work
 
Property / cites work: Heterogeneous credit portfolios and the dynamics of the aggregate losses / rank
 
Normal rank
Property / cites work
 
Property / cites work: Q3134548 / rank
 
Normal rank
Property / cites work
 
Property / cites work: Q3721531 / rank
 
Normal rank
Property / cites work
 
Property / cites work: PRICING AND HEDGING OF PORTFOLIO CREDIT DERIVATIVES WITH INTERACTING DEFAULT INTENSITIES / rank
 
Normal rank
Property / cites work
 
Property / cites work: Credit contagion and aggregate losses / rank
 
Normal rank
Property / cites work
 
Property / cites work: COMPUTATION OF MEAN FIELD EQUILIBRIA IN ECONOMICS / rank
 
Normal rank
Property / cites work
 
Property / cites work: Mean field games / rank
 
Normal rank
Property / cites work
 
Property / cites work: Q4265490 / rank
 
Normal rank
Property / cites work
 
Property / cites work: Introduction to Econophysics / rank
 
Normal rank
Property / cites work
 
Property / cites work: Q3596252 / rank
 
Normal rank

Latest revision as of 22:06, 2 July 2024

scientific article
Language Label Description Also known as
English
A simple mean field model for social interactions: dynamics, fluctuations, criticality
scientific article

    Statements

    A simple mean field model for social interactions: dynamics, fluctuations, criticality (English)
    0 references
    0 references
    0 references
    0 references
    21 June 2010
    0 references
    In the paper we have a study about the dynamics of a spin-flip model with a mean field interaction in the case of social interactions. Such systems are considered as the complex ones and are described in terms of physics. They have own peculiar features: the same information is potentially available to all individuals (geometrical constraints in the interaction are nor justified) and interactions may be more naturally given in a dynamic framework (in contradiction to the physical systems where they are coded by an energy function, i.e. \textit{Hamiltonian}). However in some cases the interactions of \textit{mean field} type may provide accurate descriptions of real behavior; for example when one models the economic behavior of agents sharing the same information. But if one considers for example such situations where individuals tend to conform their choices such an approach can be inappropriate. A typical feature of dynamic mean field models is the existence of \textit{phase transition}: in the limit of infinitely many individuals, different initial conditions may be attracted to different equilibria, i.e. different degrees of opinions polarizations, better or worse financial state, and so on. The authors of paper study in their work a generalization of previously given model (see the Ref. [10]). In the studied model we have a large number \(N\) of interacting individuals, each individual can be in a state \(\omega_i\) and other individuals can \textit{perceive} this state subject to a random perturbation, the change of a state is done by ''adapting'' to the perceived state of all others. The individuals are not homogeneous -- they are divided into reference groups. The paper consists of six sections. First one is a mentioned above introduction that gives an outline of the considered problem. The second one is a short description of a model with an infinitesimal generator \(L_N\) (Eq. (2)) given for a description of 2\(N\)-spin system evolution as a continues Markov chain. In a third one we have the derivation of the process (2) dynamics in the limit as \(N\rightarrow\infty\) in a fixed time interval \([0,T]\) -- this gives the Eq. (4) which describes the behavior of the system governed by mentioned generator (2) in the infinite volume limit (infinitely many individuals). As a result the authors conclude that for example the polarization of opinions may occur or not depending on the properties of initial conditions. In this section we have also the analysis of fluctuations with conclusion that in considered process the dynamics of fluctuations converges weakly to a Gaussian one. In Section 4 we have the considerations about the critical dynamics of the system, i.e., the long-time behavior of the fluctuations in the threshold case; the limiting critical fluctuation process is no trivial one, it is non-Gaussian. Section 5 gives the conclusions and in the last (sixth) Section we have the proofs of Lemmas and Theorems used in this paper.
    0 references
    critical dynamics
    0 references
    disordered model
    0 references
    fluctuations
    0 references
    interacting particle systems
    0 references
    large deviations
    0 references
    mean field interaction
    0 references
    non reversible Markov processes
    0 references
    phase transition
    0 references
    social interactions
    0 references

    Identifiers

    0 references
    0 references
    0 references
    0 references
    0 references
    0 references
    0 references
    0 references