Transition between metastable equilibria: Applications to binary-choice games.

Abstract

Transitions between metastable equilibria in the low-temperature phase of dynamical Ising game with activity spillover are studied in the infinite time limit. It is shown that exponential enhancement due to activity spillover, which takes place in finite-time transitions, is absent in the infinite time limit. In order to demonstrate that, the analytical description for infinite time trajectory is developed. An analytical approach to estimate the probability of transition between metastable equilibria in the infinite time limit is introduced and its results are compared with those of kinetic Monte Carlo simulation. Our study sheds light on the dynamics of the Ising game and has implications for the understanding of transitions between metastable states in complex systems.