Simple models of firms emergence

Gérard Weisbuch, Diana Mangalagiu, Radel Ben-Av and Sorin Solomon

Physica A: Statistical Mechanics and its Applications, 2008, vol. 387, issue 21, 5231-5238

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.

Keywords: Firms; Emergence; Statistical mechanics; Tress; Transitions (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:387:y:2008:i:21:p:5231-5238

DOI: 10.1016/j.physa.2008.05.032

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