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Applications of Small-World Networks to some Socio-economic Systems

A. S. Elgazzar
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Abstract

Small-world networks (SWN) are found to be closer to the real social systems than both regular and random lattices. Then, a model for the evolution of economic systems is generalized to SWN. The Sznajd model for the two-state opinion formation problem is applied to SWN. Then a simple definition of leaders is included. These models explain some socio-economic aspects.

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A. S. Elgazzar. 2002-12-03. Applications of Small-World Networks to some Socio-economic Systems. https://doi.org/10.1016/s0378-4371(02)01956-8

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