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arXiv 2002-12-03 DOI 10.1016/S0378-4371(02)01956-8 0 views

Applications of Small-World Networks to some Socio-economic Systems

Elgazzar, A. S.

Original · EN

Small-world networks (SWN) are found to be closer to the real social systems than both regular and random lattices. Then, a model for the evolution of economic systems is generalized to SWN. The Sznajd model for the two-state opinion formation problem is applied to SWN. Then a simple definition of leaders is included. These models explain some socio-economic aspects.

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