The effects of the random walk probability on the degree of clustering and the market number.
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Abstract
<p>This figure shows that the larger the value of <i>P</i>, the smaller the degree of clustering <i>C<sub>t</sub></i> and the lower the market number. In this model, we set <i>P</i> = 0.10 because <i>P</i> = 0.10 leads the model to produce interesting results, i.e., clustering. The fact that agglomeration does not happen for other values is also a valid and meaningful result.</p