DocumentCode
1566589
Title
Competing Resource Allocation in Two-Dimension
Author
Pang, Tin Yau ; Szeto, K.Y.
Author_Institution
Dept. of Phys., Hong Kong Univ. of Sci. & Technol., Kowloon
Volume
3
fYear
2005
Firstpage
1670
Lastpage
1675
Abstract
Strategies of resource allocation for companies competing in a metropolis can be investigated in the context of statistical physics using the technique of Monte Carlo simulation. In this paper we focus on several topological arrangements for two competing companies in a hexagonal world. We have investigated six classes of patterns: random graph, random walk, clusters, straight lines, small rings, and big rings. The aim of each company is to find the best strategy of initial distribution of resource to achieve market dominance in the shortest time. Two measures of the fitness of the configuration are introduced. The first one measures the speed of one company to achieve dominance with a given percentage of market share. The second one measures the market share by the dominant company within a fixed period (in terms of Monte Carlo steps) of evolution. Numerical simulations indicate that initial patterns with certain topological properties do evolve faster to market dominance
Keywords
econophysics; resource allocation; Monte Carlo simulation; econophysics; market dominance; resource allocation; statistical physics; Cities and towns; Econophysics; Lattices; Monte Carlo methods; Noise level; Numerical simulation; Physics; Resource management; Tin; Velocity measurement;
fLanguage
English
Publisher
ieee
Conference_Titel
Neural Networks and Brain, 2005. ICNN&B '05. International Conference on
Conference_Location
Beijing
Print_ISBN
0-7803-9422-4
Type
conf
DOI
10.1109/ICNNB.2005.1614951
Filename
1614951
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