Dynamics of social influence and knowledge in networks: Sociophysics models and applications in social trading, behavioral finance and business

D Tsintsaris, M Tsompanoglou, E Ioannidis - Mathematics, 2024 - mdpi.com
In this paper we offer a comprehensive review of Sociophysics, focusing on relevant models
as well as selected applications in social trading, behavioral finance and business. We …

Three-state majority-vote model on small-world networks

BJ Zubillaga, ALM Vilela, M Wang, R Du, G Dong… - Scientific Reports, 2022 - nature.com
In this work, we study the opinion dynamics of the three-state majority-vote model on small-
world networks of social interactions. In the majority-vote dynamics, an individual adopts the …

Entropy production on cooperative opinion dynamics

IVG Oliveira, C Wang, G Dong, R Du, CE Fiore… - Chaos, Solitons & …, 2024 - Elsevier
As one of the most widespread social dynamics, cooperative behavior is among the most
fascinating collective phenomena. Several animal species, from social insects to human …

Droplet finite-size scaling of the majority-vote model on scale-free networks

DSM Alencar, TFA Alves, FWS Lima, RS Ferreira… - Physical Review E, 2023 - APS
We discuss the majority vote model coupled with scale-free networks and investigate its
critical behavior. Previous studies point to a nonuniversal behavior of the majority vote …

Discontinuous phase transitions in the multi-state noisy q-voter model: quenched vs. annealed disorder

B Nowak, B Stoń, K Sznajd-Weron - Scientific Reports, 2021 - nature.com
We introduce a generalized version of the noisy q-voter model, one of the most popular
opinion dynamics models, in which voters can be in one of s≥ 2 states. As in the original …

Consensus, Polarization and Hysteresis in the Three-State Noisy q-Voter Model with Bounded Confidence

M Doniec, A Lipiecki, K Sznajd-Weron - Entropy, 2022 - mdpi.com
In this work, we address the question of the role of the influence of group size on the
emergence of various collective social phenomena, such as consensus, polarization and …

Majority-vote model with limited visibility: An investigation into filter bubbles

ALM Vilela, LFC Pereira, L Dias, HE Stanley… - Physica A: Statistical …, 2021 - Elsevier
The dynamics of opinion formation in a society is a complex phenomenon where many
variables play essential roles. Recently, the influence of algorithms to filter which content is …

A three-state opinion formation model for financial markets

BJ Zubillaga, ALM Vilela, C Wang, KP Nelson… - Physica A: Statistical …, 2022 - Elsevier
We propose a three-state microscopic opinion formation model for the purpose of simulating
the dynamics of financial markets. In order to mimic the heterogeneous composition of the …

Phase transition and universality of the majority-rule model on complex networks

DA Mulya, R Muslim - arXiv preprint arXiv:2402.13434, 2024 - arxiv.org
We investigate the phenomena of order-disorder phase transition and the universality of the
majority rule model defined on three complex networks, namely the Barabasi-Albert, Watts …

Nonequilibrium dynamics in a three-state opinion-formation model with stochastic extreme switches

K Biswas, P Sen - Physical Review E, 2022 - APS
We investigate the nonequilibrium dynamics of a three-state kinetic exchange model of
opinion formation, where switches between extreme states are possible, depending on the …