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Title: Temporal effects of agent aggregation in the dynamics of a competing population
Authors: Wong, Michael Kwok-Yee
Yeung, Chi Ho
Keywords: Probability theory
Stochastic processes
Fluctuation phenomena
Random processes
Noise and Brownian motion
Issue Date: Aug-2006
Citation: Europhysics Letters, v. 75, no. 3, p. 357-63
Abstract: We propose a model of a competing population whose agents have a tendency to balance their decisions in time. We find phase transitions to oscillatory behavior, explainable by the aggregation of agents into two groups. On a longer time scale, we find that the aggregation of smart agents is able to explain the lifetime distribution of epochs to 8 decades of probability.
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