Abstract
We study the persistence phenomenon in a socio-econo dynamics model using computer simulations at a nite temperature on hypercubic lattices in dimensions up to ve. The model includes a \social" local eld which contains the magnetization at time t. The nearest neighbour quenched interactions are drawn from a binary distribution which is
a function of the bond concentration, p. The decay of the persistence probability in the model depends on both the spatial dimension and p. We nd no evidence of \blocking"
in this model. We also discuss the implications of our results for possible applications in the social and economic elds. It is suggested that the absence, or otherwise, of blocking could be used as a criterion to decide on the validity of a given model in dierent
scenarios.
Original language | English |
---|---|
Pages (from-to) | 161-168 |
Number of pages | 8 |
Journal | International Journal of Modern Physics C |
Volume | 19 |
Issue number | 1 |
DOIs | |
Publication status | Published - Jan 2008 |
Keywords
- econophysics
- sociophysics
- non-equilibrium dynamics
- ising models
- persistence