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arxiv: 1106.0296 · v2 · pith:VRFX6ZH4new · submitted 2011-06-02 · ⚛️ physics.soc-ph · cs.SI· q-fin.GN

The Emergence of Leadership in Social Networks

classification ⚛️ physics.soc-ph cs.SIq-fin.GN
keywords agentssocialleadershipmadenetworknetworksagentalways
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We study a networked version of the minority game in which agents can choose to follow the choices made by a neighbouring agent in a social network. We show that for a wide variety of networks a leadership structure always emerges, with most agents following the choice made by a few agents. We find a suitable parameterisation which highlights the universal aspects of the behaviour and which also indicates where results depend on the type of social network.

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