Relational Influence and Chaos in a Neutral Network Model
AbstractWe consider an economic system composed of interacting potential adopters of a technology. We build a model of interindividual influence effects in which part of the links can be negative, in a context of bounded rational choice. The article shows how the sole relationships topology on a network composed of homogenous agents can entail the long run convergence or endogenous fluctuations in the state of the agents, including possibly chaotic dynamics.
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Bibliographic InfoPaper provided by Universite Aix-Marseille III in its series G.R.E.Q.A.M. with number 99a37.
Length: 12 pages
Date of creation: 1999
Date of revision:
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Postal: G.R.E.Q.A.M., (GROUPE DE RECHERCHE EN ECONOMIE QUANTITATIVE D'AIX MARSEILLE), CENTRE DE VIEILLE CHARITE, 2 RUE DE LA CHARITE, 13002 MARSEILLE.
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ECONOMICS ; MICROECONOMICS ; ECONOMIC MODELS ; INFORMATION ; LEARNING ; TECHNOLOGY;
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