Simple models of firms emergence

Gérard Weisbuch; Diana Mangalagiu; Radel Ben-Av; Sorin Solomon

doi:10.1016/j.physa.2008.05.032

Simple models of firms emergence

Gérard Weisbuch^*, Diana Mangalagiu, Radel Ben-Av, Sorin Solomon

^*Corresponding author for this work

Racah Institute of Physics

Research output: Contribution to journal › Article › peer-review

1 Scopus citations

Abstract

We present a dynamical model of the emergence of firms as opposed to a flat labour market where entrepreneurs would recruit workers for each business opportunity. The model uses a preferential choice of partners based on previous collaborations experience. A sharp transition in the parameter space separates an ordered regime, where preferential links establish, from a disordered regime corresponding to a fast turnover of employees.

Original language	English
Pages (from-to)	5231-5238
Number of pages	8
Journal	Physica A: Statistical Mechanics and its Applications
Volume	387
Issue number	21
DOIs	https://doi.org/10.1016/j.physa.2008.05.032
State	Published - 1 Sep 2008

Keywords

Emergence
Firms
Statistical mechanics
Transitions
Tress

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/j.physa.2008.05.032

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Simple models of firms emergence

Abstract

Keywords

UN SDGs

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