Non-equilibrium phase transition in negotiation dynamics

@article{Baronchelli2007NonequilibriumPT,
  title={Non-equilibrium phase transition in negotiation dynamics},
  author={Andrea Baronchelli and Luca Dall'Asta and Alain Barrat and Vittorio Loreto},
  journal={Physical review. E, Statistical, nonlinear, and soft matter physics},
  year={2007},
  volume={76 5 Pt 1},
  pages={051102}
}
We introduce a model of negotiation dynamics whose aim is that of mimicking the mechanisms leading to opinion and convention formation in a population of individuals. The negotiation process, as opposed to "herdinglike" or "bounded confidence" driven processes, is based on a microscopic dynamics where memory and feedback play a central role. Our model displays a nonequilibrium phase transition from an absorbing state in which all agents reach a consensus to an active stationary state… CONTINUE READING
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