We develop a probabilistic consumer choice framework based on information asymmetry between consumers and firms. This framework makes it possible to study market competition of several firms by both quality and price of their products. We find Nash market equilibria and other optimal strategies...

Identifying influential nodes that lead to faster and wider spreading in complex networks is of theoretical and practical significance. The degree centrality method is very simple but of little relevance. Global metrics such as betweenness centrality and closeness centrality can better identify...

Many complex systems can be investigated using the framework of temporal networks, which consist of nodes and edges that vary in time. The community structure in temporal network contributes to the understanding of evolving process of entities in complex system. The traditional method on dynamic...

Identifying influential spreaders is crucial for understanding and controlling spreading processes on social networks. Via assigning degree-dependent weights onto links associated with the ground node, we proposed a variant to a recent ranking algorithm named LeaderRank (Lü et al., 2011)....

Community structure is an important property of complex networks. How to detect the communities is significant for understanding the network structure and to analyze the network properties. Many algorithms, such as K–L and GN, have been proposed to detect community structures in complex...

Identification of communities is significant in understanding the structures and functions of networks. Since some nodes naturally belong to several communities, the study of overlapping communities has attracted increasing attention recently, and many algorithms have been designed to detect...

As an emerging financial market, the trading value of carbon emission trading market has definitely increased. In recent years, the carbon emission allowances have already become a way of investment. They are bought and sold not only by carbon emitters but also by investors. In this paper, we...

Advances in information technology reduce barriers to information propagation, but at the same time they also induce the information overload problem. For the making of various decisions, mere digestion of the relevant information has become a daunting task due to the massive amount of...

In social sciences, there is currently rare consensus on the underlying mechanism for cultural evolution, partially due to lack of suitable data. The evolution of first names of newborn babies offers a remarkable example for such researches. In this paper, we employ the historical data on baby...

We explore the consequences of incomplete information in the stable marriage problem. When information capacity of the participants is increased, more favorable games are created and the quality of the matches are also better. The simple model serves as a metaphor for a world with ever more...