Abstract
The finite size effect in the Eguiluz-Zimmermann (EZ) model is studied. It is found that the finite size effect is very impor-tant if the number of the agents N is large enough and the probability of trading among the agents is small enough: a≪1/N. In this case, the model becomes almost a big single cluster system that includes almost all the agents. For the small clusters, the size distribution can still satisfy a power law. However, the exponent will change due to the fluctuation effect. For a≫1/N, it can be proved that the fluctuation effect is not important, hence the mean field theory is correct.
Original language | English |
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Pages (from-to) | 2399-2403 |
Number of pages | 5 |
Journal | Wuli Xuebao/Acta Physica Sinica |
Volume | 52 |
Issue number | 10 |
State | Published - 2003 |
Externally published | Yes |
Keywords
- EZ model
- Finite size effect
- Fluctuation
- Mean field theory