Scale-invariance underlying the logistic equation and its social applications

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Publication:469738

DOI10.1016/J.PHYSLETA.2012.10.054zbMATH Open1298.37078arXiv1204.2422OpenAlexW2003311030MaRDI QIDQ469738FDOQ469738

A. Plastino, A. Hernando

Publication date: 11 November 2014

Published in: Physics Letters. A (Search for Journal in Brave)

Abstract: On the basis of dynamical principles we derive the Logistic Equation (LE), widely employed (among multiple applications) in the simulation of population growth, and demonstrate that scale-invariance and a mean-value constraint are sufficient and necessary conditions for obtaining it. We also generalize the LE to multi-component systems and show that the above dynamical mechanisms underlie large number of scale-free processes. Examples are presented regarding city-populations, diffusion in complex networks, and popularity of technological products, all of them obeying the multi-component logistic equation in an either stochastic or deterministic way. So as to assess the predictability-power of our present formalism, we advance a prediction, regarding the next 60 months, for the number of users of the three main web browsers (Explorer, Firefox and Chrome) popularly referred as "Browser Wars".


Full work available at URL: https://arxiv.org/abs/1204.2422




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