Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10481505 | Physica A: Statistical Mechanics and its Applications | 2012 | 6 Pages |
Abstract
⺠This work is on a simple model based on Schumpeterian Economic Dynamics. ⺠The time series from computer simulation shows punctuated equilibrium. ⺠We introduce the concept of feedback in this model. ⺠Power law emerges in waiting time distribution and the dynamics behaves as an SOC type.
Related Topics
Physical Sciences and Engineering
Mathematics
Mathematical Physics
Authors
Abhijit Kar Gupta,