(Not So) Distant Cousins: Some Common
Statistical Relations Underlying Models Across Disparate Social
Processes
David
K.A. Mordecai, Risk Economics Inc.
Abstract:
The presentation will compare and contrast a few specific models within
political science,
mathematical and economic sociology, economics, and finance in order to
highlight and discuss the
intuition underlying certain common statistical properties that
describe information dissemination
and aggregation, as well as structural innovation and behavioral
propagation (e.g. cultural
evolution, strategic response, imitation and technical adoption) across
agent-based systems.
The intent will be to motivate and suggest areas for future
interdisciplinary research.