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arxiv: physics/0309007 · v1 · pith:KGBYTX7Pnew · submitted 2003-08-30 · ⚛️ physics.soc-ph · cond-mat.stat-mech

Evolution of economic entities under heterogeneous political/environmental conditions within a Bak-Sneppen-like dynamics

classification ⚛️ physics.soc-ph cond-mat.stat-mech
keywords economicenterprisebak-sneppen-likebusinessconditionsdynamicsevolutionheterogeneous
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A model for economic behavior, under heterogeneous spatial economic conditions is developed. The role of selection pressure in a Bak-Sneppen-like dynamics with entity diffusion on a lattice is studied by Monte-Carlo simulation taking into account business rule(s), like enterprise - enterprise short range location "interaction"(s), business plan(s) through spin-offs or merging and enterprise survival evolution law(s). It is numerically found that the model leads to a sort of phase transition for the fitness gap as a function of the selection pressure.

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