IDEAS home Printed from https://ideas.repec.org/a/jas/jasssj/2003-43-2.html
   My bibliography  Save this article

Seeking Equilibrium Leads to Chaos: Multiple Equilibria Regulation Model

Author

Listed:
  • Ioannis D Katerelos

    ()

  • Andreas G. Koulouris

    ()

Abstract

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) Model’s procedures and, it takes under consideration an agents’ internal (“intra-individual†) 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 parameter’ 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 parameter’ 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.

Suggested Citation

  • Ioannis D Katerelos & Andreas G. Koulouris, 2004. "Seeking Equilibrium Leads to Chaos: Multiple Equilibria Regulation Model," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 7(2), pages 1-4.
  • Handle: RePEc:jas:jasssj:2003-43-2
    as

    Download full text from publisher

    File URL: http://jasss.soc.surrey.ac.uk/7/2/4.html
    Download Restriction: no

    References listed on IDEAS

    as
    1. Hare, M & Deadman, P, 2004. "Further towards a taxonomy of agent-based simulation models in environmental management," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 64(1), pages 25-40.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Andreas Koulouris & Ioannis Katerelos & Theodore Tsekeris, 2013. "Multi-Equilibria Regulation Agent-Based Model of Opinion Dynamics in Social Networks," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 11(1), pages 51-70.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. 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). General contact details of provider: .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.