Self-organized evolution in a socio-economic environment

We propose a general scenario to analyze technological changes in socio-economic environments. We illustrate the ideas with a model that incorporating the main trends is simple enough to extract analytical results and, at the same time, sufficiently complex to display a rich dynamic behavior. Our st...

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Bibliographic Details
Authors: Arenas, Àlex, Díaz Guilera, Albert, Pérez-Vicente, Conrado, 1962-, Vega-Redondo, Fernando
Format: article
Status:Published version
Publication Date:2000
Country:España
Institution:Universidad de Barcelona
Repository:Dipòsit Digital de la UB
OAI Identifier:oai:diposit.ub.edu:2445/18859
Online Access:https://hdl.handle.net/2445/18859
Access Level:Open access
Keyword:Biofísica
Física matemàtica
Física estadística
Termodinàmica
Sistemes dinàmics diferenciables
Biophysics
Mathematical physics
Statistical physics
Thermodynamics
Differentiable dynamical systems
Description
Summary:We propose a general scenario to analyze technological changes in socio-economic environments. We illustrate the ideas with a model that incorporating the main trends is simple enough to extract analytical results and, at the same time, sufficiently complex to display a rich dynamic behavior. Our study shows that there exists a macroscopic observable that is maximized in a regime where the system is critical, in the sense that the distribution of events follow power laws. Computer simulations show that, in addition, the system always self-organizes to achieve the optimal performance in the stationary state.