conference-paper

Interdisciplinary Approach to Social-Economic Simulation

  • 2020 2nd International Conference on Control Systems, Mathematical Modeling, Automation and Energy Efficiency (SUMMA)
Research footprint

At a glance

Citations
1
References
68
Comments
0
Paper overview

Öz

Model of social-economic phenomena based on solid-state Ising model is formulated and used for computer simulation. The model is based on the lattice model of ferromagnetic or antiferromagnetic matter but takes deal with social phenomena. Set of agents of social-economic interaction is introduced into consideration. Agents take decision about participation in some sort of activity at discrete moments of time. The decision may lead to profit or to loss. It depends on previous history of the social-economic system. Dynamics of a system is defined by stochastic Markov process. Stochastic nature of the process is influenced by external and individual factors. The model is formulated algorithmically as a sequence of steps and is studied by means of computer simulation. Numerical results are given.

Record transparency

Publication details

DOI
10.1109/summa50634.2020.9280692
OpenAlex
W3114108666
Document type
conference-paper
Language
EN
Source
2020 2nd International Conference on Control Systems, Mathematical Modeling, Automation and Energy Efficiency (SUMMA)
Last metadata update
Community

Comments

Oturum Açın to join the discussion.

  1. No comments yet. Start the discussion.