Predictability of Large Future Changes in a Competitive Evolving Population

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Predictability of large future changes in a competitive evolving population.

The dynamical evolution of many economic, sociological, biological, and physical systems tends to be dominated by a relatively small number of unexpected, large changes ("extreme events"). We study the large, internal changes produced in a generic multiagent population competing for a limited resource, and find that the level of predictability increases prior to a large change. These large chan...

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ar X iv : c on d - m at / 0 10 52 58 14 M ay 2 00 1 Predictability of large future changes in a competitive evolving population

The dynamical evolution of many economic, sociological, biological and physical systems tends to be dominated by a relatively small number of unexpected, large changes ('extreme events'). We study the large, internal changes produced in a generic multi-agent population competing for a limited resource, and find that the level of predictability actually increases prior to a large change. These l...

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ژورنال

عنوان ژورنال: Physical Review Letters

سال: 2001

ISSN: 0031-9007,1079-7114

DOI: 10.1103/physrevlett.88.017902