Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
977914 | Physica A: Statistical Mechanics and its Applications | 2008 | 8 Pages |
Abstract
We present a dynamical model of the emergence of firms as opposed to a flat labour market where entrepreneurs would recruit workers for each business opportunity. The model uses a preferential choice of partners based on previous collaborations experience. A sharp transition in the parameter space separates an ordered regime, where preferential links establish, from a disordered regime corresponding to a fast turnover of employees.
Related Topics
Physical Sciences and Engineering
Mathematics
Mathematical Physics
Authors
Gérard Weisbuch, Diana Mangalagiu, Radel Ben-Av, Sorin Solomon,