{ "id": "cond-mat/0105473", "version": "v1", "published": "2001-05-24T11:22:30.000Z", "updated": "2001-05-24T11:22:30.000Z", "title": "Preferential growth: Solution and application to modeling stock market", "authors": [ "L. Kullmann", "J. Kertesz" ], "comment": "7 pages, 4 figures, (submitted to Physica A)", "doi": "10.1016/S0378-4371(01)00286-2", "categories": [ "cond-mat.stat-mech" ], "abstract": "We consider a preferential growth model where particles are added one by one to the system consisting of clusters of particles. A new particle can either form a new cluster (with probability q) or join an already existing cluster with a probability proportional to the size thereof. We calculate exactly the probability P_i(k,t) that the size of the i-th cluster at time t is k. We applied our model as a background for a microscopic economic model.", "revisions": [ { "version": "v1", "updated": "2001-05-24T11:22:30.000Z" } ], "analyses": { "keywords": [ "modeling stock market", "application", "microscopic economic model", "preferential growth model", "i-th cluster" ], "tags": [ "journal article" ], "note": { "typesetting": "TeX", "pages": 7, "language": "en", "license": "arXiv", "status": "editable" } } }