JOURNAL: Advances in Complex Systems
AUTHORS: Andrzej Nowak, Wieslaw Bartkowski, Katarzyna Samson, Agnieszka Rychwalska, Marta Kacprzyk, Magda Roszczynska-Kurasinska and Magdalena Jagielska
SUMMARY: The speed of social and technological changes is constantly increasing. Change is a pre-requisite for economic development but this increasing speed carries additional costs that may largely affect the ability of the social systems to adopt them. While the financial costs constitute a limit to adoption, the psychological and social costs may also profoundly change the adoption potential. In an agent-based model of a heterogeneous population of adopters we explore the consequences of increasing the speed of novelty introduction on their satisfaction and the degree to which new trends may permeate the system.
CULTURAL REFERENCE: Need for Speed is a series of racing video games published by Electronic Arts. The series released its first title, The Need for Speed in 1994. It is a film released in 2014 based on the series of video games. The film stars Aaron Paul as street racer.
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