Abstract
We propose a model of a competing population whose agents have a tendency to balance their decisions in time. We find phase transitions to oscillatory behavior, explainable by the aggregation of agents into two groups. On a longer time scale, we find that the aggregation of smart agents is able to explain the lifetime distribution of epochs to 8 decades of probability. Copyright © 2006 EDP Sciences.
| Original language | English |
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| Pages (from-to) | 357-363 |
| Journal | Europhysics Letters |
| Volume | 75 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - 2006 |