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Agent based models and opinion dynamics as markov chains

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  • Sven Banischa
  • Ricardo Lima
  • Tanya Araújo

Abstract

This paper introduces a Markov chain approach that allows a rigorous analysis of agent based opinion dynamics as well as other related agent based models (ABM). By viewing the ABM dynamics as a micro description of the process, we show how the corresponding macro description is obtained by a projection construction. Then, well known conditions for lumpability make it possible to establish the cases where the macro model is stillMarkov. In this case we obtain a complete picture of the dynamics including the transient stage, the most interesting phase in applications. For such a purpose a crucial role is played by the type of probability distribution used to implement the stochastic part of the model which defines the updating rule and governs the dynamics. In addition, we show how restrictions in communication leading to the co–existence of different opinions follow from the emergence of new absorbing states. We describe our analysis in detail with some specific models of opinion dynamics. Generalizations concerning different opinion representations as well as opinion models with other interaction mechanisms are also discussed. We find that our method may be an attractive alternative to mean–field approaches and that this approach provides new perspectives on the modeling of opinion exchange dynamics, and more generally of other ABM.

Suggested Citation

  • Sven Banischa & Ricardo Lima & Tanya Araújo, 2012. "Agent based models and opinion dynamics as markov chains," Working Papers Department of Economics 2012/10, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
  • Handle: RePEc:ise:isegwp:wp102012
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    References listed on IDEAS

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    Cited by:

    1. Chen Gao & Xiaochong Lan & Nian Li & Yuan Yuan & Jingtao Ding & Zhilun Zhou & Fengli Xu & Yong Li, 2024. "Large language models empowered agent-based modeling and simulation: a survey and perspectives," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-24, December.
    2. Araújo, Tanya & Fontainha, Elsa, 2017. "The specific shapes of gender imbalance in scientific authorships: A network approach," Journal of Informetrics, Elsevier, vol. 11(1), pages 88-102.
    3. Jakob Grazzini & Matteo G. Richiardi, 2013. "Consistent Estimation of Agent-Based Models by Simulated Minimum Distance," LABORatorio R. Revelli Working Papers Series 130, LABORatorio R. Revelli, Centre for Employment Studies.
    4. Lücke, Marvin & Heitzig, Jobst & Koltai, Péter & Molkenthin, Nora & Winkelmann, Stefanie, 2023. "Large population limits of Markov processes on random networks," Stochastic Processes and their Applications, Elsevier, vol. 166(C).
    5. Floriani, Elena & Lima, Ricardo & Ourrad, Ouerdia & Spinelli, Lionel, 2016. "Flux through a Markov chain," Chaos, Solitons & Fractals, Elsevier, vol. 93(C), pages 136-146.
    6. Grazzini, Jakob & Richiardi, Matteo, 2015. "Estimation of ergodic agent-based models by simulated minimum distance," Journal of Economic Dynamics and Control, Elsevier, vol. 51(C), pages 148-165.

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    Keywords

    Agent Based Models; Opinion Dynamics; Markov chains; MicroMacro; Lumpability; Transient Dynamics.;
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