Herding and idiosyncratic choices: Nonlinearity and aging-induced transitions in the noisy voter model
We consider the herding-to-non-herding transition caused by idiosyncratic choices or imperfect imitation in the context of the Kirman Model for financial markets, or equivalently the Noisy Voter Model for opinion formation. In these original models, this is a finite-size transition that disappears f...
| Main Authors: | , , , , , |
|---|---|
| Format: | Journal article |
| Language: | English |
| Published: |
Elsevier
2019
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