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Opinion Evolution In Closed Community

Author

Listed:
  • KATARZYNA SZNAJD-WERON

    (Institute of Theoretical Physics, University of Wrocław, pl. M. Borna 9, 50-204 Wrocław, Poland)

  • JÓZEF SZNAJD

    (Institute of Low Temperature and Structure Research, Polish Academy of Sciences, 50-950 Wrocław, Poland)

Abstract

A simple Ising spin model which can describe a mechanism of making a decision in a closed community is proposed. It is shown via standard Monte Carlo simulations that very simple rules lead to rather complicated dynamics and to a power law in the decision time distribution. It is found that a closed community has to evolve either to a dictatorship or a stalemate state (inability to take any common decision). A common decision can be taken in a "democratic way" only by an open community.

Suggested Citation

  • Katarzyna Sznajd-Weron & Józef Sznajd, 2000. "Opinion Evolution In Closed Community," International Journal of Modern Physics C (IJMPC), World Scientific Publishing Co. Pte. Ltd., vol. 11(06), pages 1157-1165.
    • Handle: RePEc:wsi:ijmpcx:v:11:y:2000:i:06:n:s0129183100000936
    DOI: 10.1142/S0129183100000936
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    References listed on IDEAS

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    1. Weron, Rafal & Przybyłowicz, Beata, 2000. "Hurst analysis of electricity price dynamics," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 283(3), pages 462-468.
    2. Weron, Rafal, 2000. "Energy price risk management," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 285(1), pages 127-134.
    3. Burnecki, Krzysztof & Kukla, Grzegorz & Weron, Rafał, 2000. "Property insurance loss distributions," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 287(1), pages 269-278.
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    More about this item

    Keywords

    87.23.Ge Dynamics of Social Systems; 75.50.Lk Spin Glasses and Other Random Magnets; 05.65.+b Self-Organized Systems;
    All these keywords.

    JEL classification:

    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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