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Nonequilibrium phase transitions in competitive markets caused by network effects
Network effects are the added value derived solely from the popularity of a product in an economic market. Using agent-based models inspired by statistical physics, we propose a minimal theory of a competitive market for (nearly) indistinguishable goods with demand-side network effects, sold by stat...
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Formato: | Online Artículo Texto |
Lenguaje: | English |
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National Academy of Sciences
2022
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9546563/ https://www.ncbi.nlm.nih.gov/pubmed/36161887 http://dx.doi.org/10.1073/pnas.2206702119 |