A Goodwin Model Modification and Its Interactions in Complex Networks

Autor: Francisco Yáñez Rodríguez, Alberto P. Muñuzuri
Jazyk: angličtina
Rok vydání: 2023
Předmět:
Zdroj: Entropy, Vol 25, Iss 6, p 894 (2023)
Druh dokumentu: article
ISSN: 1099-4300
DOI: 10.3390/e25060894
Popis: The global economy cannot be understood without the interaction of smaller-scale economies. We addressed this issue by considering a simplified economic model that still preserves the basic features, and analyzed the interaction of a set of such economies and the collective emerging dynamic. The topological structure of the economies’ network appears to correlate with the collective properties observed. In particular, the strength of the coupling between the different networks as well as the specific connectivity of each node happen to play a crucial role in the determination of the final state.
Databáze: Directory of Open Access Journals
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