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Title:Equivalences in biological and economical systems : peloton dynamics and the rebound effect
Authors:ID Trenchard, Hugh (Author)
ID Perc, Matjaž (Author)
Files:.pdf PLOS_ONE_2016_Trenchard,_Perc_Equivalences_in_Biological_and_Economical_Systems_Peloton_Dynamics_and_the_Rebound_Effect.PDF (691,09 KB)
MD5: 5D0790AF46A07C5C2652B348C1EFBB9F
URL http://dx.plos.org/10.1371/journal.pone.0155395
Work type:Scientific work
Typology:1.01 - Original Scientific Article
Organization:FNM - Faculty of Natural Sciences and Mathematics
Abstract:An interdisciplinary bridge is proposed between principles of collective behavior in biological systems, particularly bicycle pelotons, and the economic phenomenon called the rebound effect. Two main equivalencies are proposed between aspects of peloton dynamics and aspects of energy service efficiencies and the rebound effect. Firstly, a threshold whereby weaker cyclists, up to maximal capacities, sustain speeds of pacesetters by drafting; equivalent to a threshold whereby consumers will not exceed maximum allocated budgets for energy services, costs for which are externally determined. Secondly, a threshold of peloton dynamics whereby, below this threshold, weaker cyclists share costly non-drafting positions, whereas above this threshold cyclists cannot share these positions but can sustain pacesetter speeds. This is in turn equivalent to the threshold in the context of energy service efficiency, whereby consumers will increase spending to the limit indicated by the rebound magnitude but not to their maximum allocated budgets. These thresholds are a consequence of the model equations, and the latter threshold is explained by consumer apprehension that existing energy efficiencies could disappear or be negative, when consumers would be over budget. This partly explains long term rebound increase, whereby consumers increase consumption as confidence rises that cost savings due to energy service efficiency is stable.
Keywords:cycling, peloton, rebound effect, physics of social systems
Publication status:Published
Publication version:Version of Record
Year of publishing:2016
Number of pages:str. 1-9
Numbering:Letn. 11, št. 5
PID:20.500.12556/DKUM-66271 New window
ISSN on article:1932-6203
COBISS.SI-ID:22210312 New window
DOI:10.1371/journal.pone.0155395 New window
Publication date in DKUM:19.06.2017
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Record is a part of a journal

Title:PloS one
Publisher:Public Library of Science
COBISS.SI-ID:2005896 New window

Document is financed by a project

Funder:ARRS - Slovenian Research Agency
Project number:J1-7009
Name:Fazni prehodi proti kooperaciji v sklopljenih populacijah


License:CC BY 4.0, Creative Commons Attribution 4.0 International
Description:This is the standard Creative Commons license that gives others maximum freedom to do what they want with the work as long as they credit the author.
Licensing start date:19.06.2017

Secondary language

Keywords:kolesarjenje, peloton, učinek povratka, fizika socioloških sistemov


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