- Tytuł:
- Hierarchical representation of socio-economic complex systems according to minimal spanning trees and diagrams
- Autorzy:
-
Buda, Andrzej
Jarynowski, Andrzej - Opis:
- We investigate hierarchical structure in various complex systems according to Minimum Spanning Tree methods. Firstly, we investigate stock markets where the graph is obtained from the matrix of correlation coefficients computed between all pairs of assets by considering the synchronous time evolution of the difference of the logarithm of daily stock price. The hierarchical tree provides information useful to investigate the number and nature of economic factors that are associated in a meaningful economic taxonomy. We extend this method on other financial markets – money exchange (FOREX) and commodity – phonographic market (where we have artists instead of stocks) and get information on which music genre is meaningful according to customers. We continue to use this method in social systems (sport, political parties and pharmacy) to investigate collective effects and detect how a single element of a system influences the other ones. The level of correlations and Minimum Spanning Trees in various complex systems is also discussed.
- Dostawca treści:
- Repozytorium Uniwersytetu Jagiellońskiego
Artykuł