Considering the time scales of global information and personal reaction, we study the role of dynamic response time in the evolution of collective behavior in an evolving market. The insensitiveness to the market information makes the population cluster around a kind of extreme behavior, in...

We propose an ideal n-depth clique network model. In this model, the original network is composed of cliques (maximal complete subgraphs) that overlap with each other. The network expands continuously by the addition of new cliques. The final diameter of the network can be set in advance,...