Seeking Equilibrium Leads to Chaos: Multiple Equilibria Regulation Model
In this paper, we shall present a model of opinion dynamics called Multiple Equilibria Regulation (MER) Model which, concerning social equilibrium, is based on the Bounded Confidence (BC) Modelâ€™s procedures and, it takes under consideration an agentsâ€™ internal (â€œintra-individualâ€ ) regulation structure among different opinions regarding the same social issue. First, we give a detailed description of the model and define its parameters. Then, we explore this nonlinear model by a series of computer simulations for a variety of parameterâ€™ values. Next, we examine under what conditions the model exhibits sensitive dependence on initial conditions and, finally, we calculate the Lyapunov Exponents and the Information Entropy. Our results show that for certain parameterâ€™ values, the system exhibits sensitivity of final state to initial state, thus it is chaotic (deterministic and unpredictable). Hence, by combining two psychosocial principles that both tend to certainty (stability) we obtain an uncertainty (unpredictability) concerning the outcome of the system.
Volume (Year): 7 (2004)
Issue (Month): 2 ()
|Contact details of provider:|| |
When requesting a correction, please mention this item's handle: RePEc:jas:jasssj:2003-43-2. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Flaminio Squazzoni)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.