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Opinion Formation in the Kinetic Exchange Models

  • Anirban Chakraborti
  • Bikas K. Chakrabarti
Part of the New Economic Windows book series (NEW)

Abstract

We review the minimal multi-agent model (LCCC) for the collective dynamics of opinion formation in the society, which was based on the kinetic exchange dynamics studied in the context of income, money or wealth distributions in a society. This model has an intriguing spontaneous symmetry breaking transition to polarized opinion state starting from non-polarized opinion state. We also briefly review the simple variants and extensions of this model that have been proposed recently.

Keywords

Opinion Formation Steady State Distribution Wealth Distribution Collective Dynamic Kinetic Exchange 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Italia 2011

Authors and Affiliations

  • Anirban Chakraborti
    • 1
  • Bikas K. Chakrabarti
    • 2
    • 3
  1. 1.Laboratory of Mathematics Applied to SystemsÉcole Centrale ParisChâtenay-MalabryFrance
  2. 2.Centre for Applied Mathematics and Computational ScienceSaha Institute of Nuclear PhysicsKolkataIndia
  3. 3.Economic Research UnitIndian Statistical InstituteKolkataIndia

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