An infinite stochastic model of social network formation (Q2485783)

From MaRDI portal
scientific article
Language Label Description Also known as
English
An infinite stochastic model of social network formation
scientific article

    Statements

    An infinite stochastic model of social network formation (English)
    0 references
    0 references
    0 references
    5 August 2005
    0 references
    An infinite interacting particle system coming from social network is studied. In the system, individuals choose neighbors according to evolving sets of probabilities. If \(x\) chooses \(y\) at some time, the effect is to increase the probability that \(y\) chooses \(x\) at later times. The main result of the paper is a characterization of the extremal invariant measures for this process. In an extremal equilibrium, the set of individuals is partitioned into finite sets called stars, each of which includes a ``center'' that is always chosen by the other individuals in that set. It is remarkable that the extremal equilibrium for this system has a nontrivial structure and is not so easy to observe.
    0 references
    0 references
    0 references
    0 references
    0 references
    0 references
    interacting particle system
    0 references
    invariant measures
    0 references
    network formation
    0 references
    0 references
    0 references