On Emergence of Money in Self-organizing Doubly Structural Network Model
We are conducting the research on the emergence of the money from the barter economy. This paper presents a new model, which consists of a micro-macro doubly structural network reflecting individual recognitions and social connections among agents. This model will show processes in which particular one of goods attains natures of money as a self-organization of the network. We examine this process by mean-field approximation of dynamics and agent-based simulation.
KeywordsSocial Connection Contact Process Emergence Scenario General Acceptability Barter Economy
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