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The boards of large corporations sharing some of their directors are connected in complex networks. Boards are responsible for corporations' long-term strategy and are often involved in decisions about a common topic related to the belief in economical growth or recession. We are interested in...
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We introduce a simple model of self-organizing hierarchies in animal societies which relies on a basic positive feedback mechanism reinforcing the ability of a given individual to win or lose in a hierarchical interaction, depending on how many times it won or lost in previous interactions. If a...
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In this paper, co-evolution is used to examine the long-term evolution of business models in an industry. Two types of co-evolution are used: synchronous, whereby the entire population of business models is replaced with a new population at each generation, and asynchronous, whereby only one...
Persistent link: https://www.econbiz.de/10005080805
We introduce a simple mathematical model of regulation of division of labour in insect societies based on the notion of fixed response thresholds. Individuals with different thresholds respond differently to task-associated stimuli. Low-threshold individuals become involved at a lower level of...
Persistent link: https://www.econbiz.de/10005623638