Papers
80
Recent publications related to complex systems
Follow
Scooped by Complexity Digest onto Papers
Scoop.it!

Signal amplification in an agent-based herding model

A growing part of the behavioral finance literature has addressed some of the stylized facts of financial time series as macroscopic patterns emerging from herding interactions among groups of agents with heterogeneous trading strategies and a limited rationality. We extend a stochastic herding formalism introduced for the modeling of decision making among financial agents, in order to take also into account an external influence. In particular, we study the amplification of an external signal imposed upon the agents by a mechanism of resonance. This signal can be interpreted as an advertising or a public perception in favor or against one of the two possible trading behaviors, thus periodically breaking the symmetry of the system and acting as a continuously varying exogenous shock. The conditions for the ensemble of agents to more accurately follow the periodicity of the signal are studied, finding a maximum in the response of the system for a given range of values of both the noise and the frequency of the input signal.

 

Signal amplification in an agent-based herding model

Adrián Carro, Raúl Toral, Maxi San Miguel

http://arxiv.org/abs/1302.6477

No comment yet.
Complexity Digest is also curating
Talks CxBooks CxConferences CxAnnouncements
Discover Topics Complexity Digest is following
Amazing Science Social Foraging Global Brain Conciencia Colectiva Infotention The Internet of Things
and 43 others
Your new post is loading...
Scooped by Complexity Digest
Scoop.it!

Keystones in a Tangled Bank

In the past decade, ecologists have increasingly applied complex network theory (1, 2) to ecological interactions, both in entire food webs (3) and in networks representing ecological interactions, especially those between plants and their animal pollinators or seed dispersers (4). How important are individual species to the maintenance of such ecological networks? On page 1489 of this issue, Stouffer et al. (5) analyze terrestrial, freshwater, and marine food webs to infer the contributions of individual species to network stability. In a related field study on page 1486 of this issue, Aizen et al. (6) explore plant and pollinator webs on a landscape scale. Using a different field study design, Pocock et al. (7) recently focused on a local community in which several webs of different kinds of interactions and organisms form a composite network.

No comment yet.
Scooped by Complexity Digest
Scoop.it!

Evolutionary Conservation of Species’ Roles in Food Webs

Studies of ecological networks (the web of interactions between species in a community) demonstrate an intricate link between a community’s structure and its long-term viability. It remains unclear, however, how much a community’s persistence depends on the identities of the species present, or how much the role played by each species varies as a function of the community in which it is found. We measured species’ roles by studying how species are embedded within the overall network and the subsequent dynamic implications. Using data from 32 empirical food webs, we find that species’ roles and dynamic importance are inherent species attributes and can be extrapolated across communities on the basis of taxonomic classification alone. Our results illustrate the variability of roles across species and communities and the relative importance of distinct species groups when attempting to conserve ecological communities.

No comment yet.