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 | |
| State | Published - 1 Sep 2008 |
Keywords
- Emergence
- Firms
- Statistical mechanics
- Transitions
- Tress