On reevaluation rate in discrete time Hogg-Huberman model

2002 
Abstract The discrete time Hogg–Huberman model is extended to a case with time-dependent reevaluation rate at which agents using one resource decide to evaluate their resource choice. In this paper the time dependence of the reevaluation rate is determined by states of the system. The dynamical behavior of the extended Hogg–Huberman model is discussed. It is found that the change of fraction of agents using resource 1 is suppressed to be smaller than that in the case of constant reevaluation rate.
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