We study the joint evolution of worldviews by proposing a model of opinion dynamics, which is inspired in notions from evolutionary ecology. Agents update their opinion on a specific issue based on their propensity to change -- asserted by the social neighbours -- weighted by their mutual similarity on other issues. Agents are, therefore, more influenced by neighbours with similar worldviews (set of opinions on various issues), resulting in a complex co-evolution of each opinion. Simulations show that the worldview evolution exhibits events of intermittent polarization when the social network is scale-free. This, in turn, trigger extreme crashes and surges in the popularity of various opinions. Using the proposed model, we highlight the role of network structure, bounded rationality of agents, and the role of key influential agents in causing polarization and intermittent reformation of worldviews on scale-free networks.
We discuss the strategy that rational agents can use to maximize their expected long-term payoff in the co-action minority game. We argue that the agents will try to get into a cyclic state, where each of the $(2N +1)$ agent wins exactly $N$ times in any continuous stretch of $(2N+1)$ days. We propose and analyse a strategy for reaching such a cyclic state quickly, when any direct communication between agents is not allowed, and only the publicly available common information is the record of total number of people choosing the first restaurant in the past. We determine exactly the average time required to reach the periodic state for this strategy. We show that it varies as $(N/ln 2) [1 + alpha cos (2 pi log_2 N)$], for large $N$, where the amplitude $alpha$ of the leading term in the log-periodic oscillations is found be $frac{8 pi^2}{(ln 2)^2} exp{(- 2 pi^2/ln 2)} approx {color{blue}7 times 10^{-11}}$.
