Schroeder, Malte, Nagler, Jan, Timme, Marc ORCID: 0000-0002-5956-3137 and Witthaut, Dirk ORCID: 0000-0002-3623-5341 (2018). Hysteretic Percolation from Locally Optimal Individual Decisions. Phys. Rev. Lett., 120 (24). COLLEGE PK: AMER PHYSICAL SOC. ISSN 1079-7114
Full text not available from this repository.Abstract
The emergence of large-scale connectivity underlies the proper functioning of many networked systems, ranging from social networks and technological infrastructure to global trade networks. Percolation theory characterizes network formation following stochastic local rules, while optimization models of network formation assume a single controlling authority or one global objective function. In socioeconomic networks, however, network formation is often driven by individual, locally optimal decisions. How such decisions impact connectivity is only poorly understood to date. Here, we study how large-scale connectivity emerges from decisions made by rational agents that individually minimize costs for satisfying their demand. We establish that the solution of the resulting nonlinear optimization model is exactly given by the final state of a local percolation process. This allows us to systematically analyze how locally optimal decisions on the microlevel define the structure of networks on the macroscopic scale.
Item Type: | Journal Article | ||||||||||||||||||||
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URN: | urn:nbn:de:hbz:38-182851 | ||||||||||||||||||||
DOI: | 10.1103/PhysRevLett.120.248302 | ||||||||||||||||||||
Journal or Publication Title: | Phys. Rev. Lett. | ||||||||||||||||||||
Volume: | 120 | ||||||||||||||||||||
Number: | 24 | ||||||||||||||||||||
Date: | 2018 | ||||||||||||||||||||
Publisher: | AMER PHYSICAL SOC | ||||||||||||||||||||
Place of Publication: | COLLEGE PK | ||||||||||||||||||||
ISSN: | 1079-7114 | ||||||||||||||||||||
Language: | English | ||||||||||||||||||||
Faculty: | Unspecified | ||||||||||||||||||||
Divisions: | Unspecified | ||||||||||||||||||||
Subjects: | no entry | ||||||||||||||||||||
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Refereed: | Yes | ||||||||||||||||||||
URI: | http://kups.ub.uni-koeln.de/id/eprint/18285 |
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