Skip to main content
SpringerLink
Log in

Dynamics of clustered opinions in complex networks

  • Regular Article
  • Published:
Journal of Economic Interaction and Coordination Aims and scope Submit manuscript

Abstract

A simple model for simulating tug of war game as varying the player number in a team is discussed to identify the slow pace of fast change. This model shows that a large number of information sources leads slow change for the system. Also, we introduce an opinion diffusion model including the effect of a high degree of clustering. This model shows that the de facto standard and lock-in effect, well-known phenomena in economics and business management, can be explained by the network clusters.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Log in via an institution

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Institutional subscriptions

Similar content being viewed by others

References

  • Albert R, Jeong H and Barabási A-L (1999). Nature 401: 130

    Article  Google Scholar 

  • Albert R and Barabási A-L (2002). Rev Mod Phys 74: 47

    Article  Google Scholar 

  • Amaral LAN, Scala A, Barthélémy M and Stanley HE (2000). Proc Natl Acad Sci USA 97: 11–149

    Article  Google Scholar 

  • Arthur BW (1994). Am Econ Assoc Pap Proc 84: 406

    Google Scholar 

  • (1997). The economy as an evolving complex system II. Perseus Books Group, Reading

    Google Scholar 

  • Axelrod R (1984). The evolution of cooperation. Basic Books, New York

    Google Scholar 

  • Axelrod R (1997). The complexity of cooperation. Princeton University Press, Princeton

    Google Scholar 

  • Barabási A-L (2002). Linked: the new science of networks. Perseus Books Group, Cambridge

    Google Scholar 

  • Breban R, Vardavas R and Blower S (2005). Phys Rev E 72: 046110

    Article  Google Scholar 

  • Challet D and Zhang Y-C (1997). Phys A 246: 407

    Article  Google Scholar 

  • Challet D, Marsili M and Zhang Y-C (2000a). Phys A 276: 284

    Article  Google Scholar 

  • Challet D, Marsili M and Zhang Y-C (2000b). Phys A 294: 514

    Google Scholar 

  • Chakravorti B (2003). The slow pace of fast change: bringing innovations to market in a connected world. Harvard Business School Press, Boston

    Google Scholar 

  • Chowdhury D and Stauffer D (1999). Eur Phys J B 8: 477

    Article  Google Scholar 

  • Chowell G, Hyman JM, Eubank S and Castillo-Chavez C (2003). Phys Rev E 68: 066102

    Article  Google Scholar 

  • Cont R and Bouchaud J-P (2000). Macroecon Dyn 4: 170

    Article  Google Scholar 

  • Eguíluz VM and Zimmermann M (2000). Phys Rev Lett 85: 5659

    Article  Google Scholar 

  • Gabaix X, Gopikrishnan P, Plerou V and Stanley HE (2003). Nature 423: 267

    Article  Google Scholar 

  • Gibbons R (1992). Game theory for applied economists. Princeton University Press, Princeton

    Google Scholar 

  • Hołyst JA, Kacperski K and Schweitzer F (2000). Phys A 285: 199

    Article  Google Scholar 

  • Hołyst JA, Kacperski K (2001) In: Stauffer D (ed) Annual Reviews of Computational Physics IX. World Scientific Publishing Company, Singapore, pp 253–273

  • Jo H-H, Jung W-S and Moon H-T (2006a). Europhys Lett 73: 306

    Article  Google Scholar 

  • Jo H-H, Jung W-S and Moon H-T (2006b). Phys Rev E 74: 026120

    Article  Google Scholar 

  • Johnson NF, Hui PM, Jonson R and Lo TS (1999). Phys Rev Lett 82: 3360

    Article  Google Scholar 

  • Jung W-S, Chae S, Yang J-S and Moon H-T (2006a). Phys A 361: 263

    Article  Google Scholar 

  • Jung W-S, Kwon O, Yang J-S and Moon H-T (2006b). J Korean Phys Soc 48: S135

    Google Scholar 

  • Kahney L (2005). The cult of iPod. No Starch Press, San Francisco

    Google Scholar 

  • Klemm K and Eguíluz VM (2002a). Phys Rev E 65: 036123

    Article  Google Scholar 

  • Klemm K and Eguíluz VM (2002b). Phys Rev E 65: 057102

    Article  Google Scholar 

  • Kim H-J, Lee Y, Kahng B and Kim I (2002). J Phys Soc Jpn 71: 2133

    Article  Google Scholar 

  • Klemm K, Eguíluz VM, Toral R and Miguel MS (2003). Phys Rev E 67: 026120

    Article  Google Scholar 

  • Krawiecki A, Hołyst JA and Helbing D (2002). Phys Rev Lett 89: 158701

    Article  Google Scholar 

  • Latané B (1981). Am Psychol 36: 343

    Article  Google Scholar 

  • Lee SH and Jeong H (2006). Phys Rev E 74: 026118

    Article  Google Scholar 

  • Lind PG, da Silva LR, Andrade JS Jr, Herrmann HJ arxiv.org:cond-mat/0603824

  • Mantegna RN (1999). Eur Phys J B 11: 193

    Article  Google Scholar 

  • Malarza K, Szvetelszkyb Z, Szekfüc B and Kułakowski K (2006). Acta Phys Pol B 37: 3049

    Google Scholar 

  • Mantegna RN and Stanley HE (2000). Introduction to econophysics: correlations and complexity in finance. Cambridge University Press, Cambridge

    Google Scholar 

  • Marsili M and Challet D (2001). Phys Rev E 64: 056138

    Article  Google Scholar 

  • Miller JD (2003). Game theory at work: how to use game theory to outthink and outmaneuver your competition. McGraw-Hill, New York

    Google Scholar 

  • Myerson RB (1997). Game theory: analysis of conflict. Harvard University Press, Cambridge

    Google Scholar 

  • Nowak A, Szamrej J and Latané B (1990). Psychol Rev 97: 362

    Article  Google Scholar 

  • Onnela J-P, Chakraborti A, Kaski K, Kertesz J and Kanto A (2003). Phys Rev E 68: 056110

    Article  Google Scholar 

  • Plerou V, Gopikrishnan P, Nunes Amaral LA, Meyer M and Stanley HE (1999). Phys Rev E 60: 6519

    Article  Google Scholar 

  • Suchecki K, Eguíluz VM and Miguel MS (2005). Phys Rev E 72: 036132

    Article  Google Scholar 

  • Stauffer D (2005). AIP Conf Proc 779: 56

    Article  Google Scholar 

  • Sznajd-Weron K and Sznajd J (2000). Int J Mod Phys C 11: 1157

    Article  Google Scholar 

  • Sznajd-Weron K (2002). Phys Rev E 66: 046131

    Article  Google Scholar 

  • Sznajd-Weron K (2004). Phys Rev E 70: 037104

    Article  Google Scholar 

  • San Miguel M, Eguiluz VM, Toral R and Klemm K (2005). Comput Sci Eng 7: 67

    Article  Google Scholar 

  • Suchecki K, Eguíluz VM and Miguel MS (2005). Phys Rev E 72: 036132

    Article  Google Scholar 

  • (2000). Dynamical systems in social psychology. Academic Press, San Diego

    Google Scholar 

  • Vázquez A, Boguñá M, Moreno Y, Pastor-Satorras R and Vespignani A (2003). Phys Rev E 67: 046111

    Article  Google Scholar 

  • Wang F, Yamasaki K, Havlin S and Stanley HE (2006). Phys Rev E 73: 026117

    Article  Google Scholar 

  • Watts DJ and Strogatz SH (1998). Nature 393: 440

    Article  Google Scholar 

  • Watts DJ (1999). Small worlds: the dynamics of networks between order and randomness. Princeton University Press, Princeton

    Google Scholar 

  • Yamasaki K, Muchnik L, Havlin S, Bunde A and Eugene Stanley H (2005). Proc Natl Acad Sci USA 102: 9424

    Article  Google Scholar 

  • Yang J-S, Chae S, Jung W-S and Moon H-T (2006). Phys A 363: 377

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

  1. Center for Polymer Studies and Department of Physics, Boston University, Boston, MA, 02215, USA

    Woo-Sung Jung & H. Eugene Stanley

  2. Center for Complex Systems and Department of Physics, Korea Advanced Institute of Science and Technology, Daejeon, 305-701, Republic of Korea

    Woo-Sung Jung & Hie-Tae Moon

Authors
  1. Woo-Sung Jung
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Hie-Tae Moon
    View author publications

    You can also search for this author in PubMed Google Scholar

  3. H. Eugene Stanley
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Woo-Sung Jung.

Rights and permissions

Reprints and permissions

About this article

Cite this article

Jung, WS., Moon, HT. & Eugene Stanley, H. Dynamics of clustered opinions in complex networks. J Econ Interac Coord 3, 81–88 (2008). https://doi.org/10.1007/s11403-008-0031-9

Download citation

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1007/s11403-008-0031-9

Keywords

Search

Navigation