Masato Hisakado, Shintaro Mori
In this paper, we discuss a voting model with two candidates, C_1 and C_2. We consider two types of voters--herders and independents. The voting of independents is based on their fundamental values; on the other hand, the voting of herders is based on the number of previous votes. We can identify two kinds of phase transitions. One is information cascade transition similar to a phase transition seen in Ising model. The other is a transition of super and normal diffusions. These phase transitions coexist together. We compared our results to the conclusions of experiments and identified the phase transitions in the upper t limit using analysis of human behavior obtained from experiments.
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http://arxiv.org/abs/1203.3274
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