Adaptive networks of trading agents

Z. Burda 1, A. Krzywicki 2, O. C. Martin 3

Physical Review E: Statistical, Nonlinear, and Soft Matter Physics 78 (2008) 046106

Multi-agent models have been used in many contexts to study generic collective behavior. Similarly, complex networks have become very popular because of the diversity of growth rules giving rise to scale-free behavior. Here we study adaptive networks where the agents trade « wealth » when they are linked together while links can appear and disappear according to the wealth of the corresponding agents; thus the agents influence the network dynamics and vice-versa. Our framework generalizes a multi-agent model of Bouchand and Mezard, and leads to a steady state with fluctuating connectivities. The system spontaneously self-organizes into a critical state where the wealth distribution has a fat tail and the network is scale-free; in addition, network heterogeneities lead to enhanced wealth condensation.

  • 1. Marian Smoluchowski Institute of Physics and Mark Kac Complex Systems Research Center,
    Jagellonian University
  • 2. Laboratoire de Physique Théorique d’Orsay (LPT),
    CNRS : UMR8627 – Université Paris XI – Paris Sud
  • 3. Laboratoire de Physique Théorique et Modèles Statistiques (LPTMS),
    CNRS : UMR8626 – Université Paris XI – Paris Sud
Retour en haut