General numerical model of the competition life cycle: from physics to economy

D.b Berg and Valerian Popkov ()

Physica A: Statistical Mechanics and its Applications, 2003, vol. 324, issue 1, 167-173

Abstract: A numerical model of the competition life cycle (competition self-development in a closed system) is defined on a two-dimensional lattice using “cell automata” technique. Agents’ competition for a limited amount of resource takes place under their growth. Growth/dissimilation of each agent is a result of the in- and out-coming resource flows (income and costs). Stages of competition life cycle at the calculated trajectory are determined and corresponding selection criteria are indicated.

Keywords: Evolutionary economic models; Competition; Econophysics (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:324:y:2003:i:1:p:167-173

DOI: 10.1016/S0378-4371(02)01892-7

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