 The effects of globalisation on a network's nodes of different structural characteristics: a heterogeneous agent simulationInternational Journal of Critical Infrastructures, 2009, vol. 5, issue 1/2, 24-37 Abstract: A network, as a set of interconnected nodes, is inextricably intertwined with globalisation. While most pro-globalisation advocates generally examine the impact of external or openness factors and analyse the effect on the agents or firms that participate directly in the process. Anti-globalisation advocates focus on the economic sectors that have lost out in the process of globalisation and rejected from the process: the marginal elements. The two approaches are both partial in many respects. To overcome these limits, we present an agent simulation model in which each node has a 'personal' efficiency degree that depends not only on the number of connections it has, but also on its intrinsic qualities. To increase its image, a hub must increase its efficiency and discard the non-useful connections. This increases the possibility of being chosen for a connection. We will show how the effects of globalisation on both the marginal and integrated elements can be explained mainly on the basis of their efficiency and adaptability characteristics. Keywords: globalisation; agent-based simulation; economic networks; network nodes. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijcist:v:5:y:2009:i:1/2:p:24-37 Access Statistics for this article More articles in International Journal of Critical Infrastructures from Inderscience Enterprises Ltd |
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