General numerical model of the competition life cycle: from physics to economy
A numerical model of the competition life cycle (competition self-development in a closed system) is defined on a two-dimensional lattice using “cell automata” technique. Agents’ competition for a limited amount of resource takes place under their growth. Growth/dissimilation of each agent is a result of the in- and out-coming resource flows (income and costs). Stages of competition life cycle at the calculated trajectory are determined and corresponding selection criteria are indicated.
Year of publication: |
2003
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Authors: | Berg, D.B ; Popkov, V.V |
Published in: |
Physica A: Statistical Mechanics and its Applications. - Elsevier, ISSN 0378-4371. - Vol. 324.2003, 1, p. 167-173
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Publisher: |
Elsevier |
Subject: | Evolutionary economic models | Competition | Econophysics |
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