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Systems governed by the standard mechanisms of biological or technological evolution are often described by catalytic evolution equations. We study the structure of these equations and find an analogy with classical thermodynamic systems. In particular, we can demonstrate the existence of several distinct phases of evolutionary dynamics: a phase of fast growing diversity, one of stationary, finite diversity, and one of rapidly decaying diversity. While the first two phases have been subject to previous work, here we focus on the destructive aspects--in particular the phase diagram--of evolutionary dynamics. The main message is that within a critical region, massive loss of diversity can be triggered by very small external fluctuations. We further propose a dynamical model of diversity which captures spontaneous creation and destruction processes fully respecting the phase diagrams of evolutionary systems. The emergent time series show rich diversity dynamics, including power laws as observed in actual economical data, e.g., firm bankruptcy data. We believe the present model presents a possibility to cast the famous qualitative picture of Schumpeterian economic evolution, into a quantifiable and testable framework.

We study a class of growth algorithms for directed graphs that are candidate models for the evolution of genetic regulatory networks. The algorithms involve partial duplication of nodes and their links, together with the innovation of new links, allowing for the possibility that input and output links from a newly created node may have different probabilities of survival. We find some counterintuitive trends as the parameters are varied, including the broadening of the in-degree distribution when the probability for retaining input links is decreased. We also find that both the scaling of transcription factors with genome size and the measured degree distributions for genes in yeast can be reproduced by the growth algorithm if and only if a special seed is used to initiate the process.

The notion of (auto)catalytic networks has become a cornerstone in understanding the possibility of a sudden dramatic increase of diversity in biological evolution as well as in the evolution of social and economical systems. Here we study catalytic random networks with respect to the final outcome diversity of products. We show that an analytical treatment of this long-standing problem is possible by mapping the problem onto a set of nonlinear recurrence equations. The solution of these equations shows a crucial dependence of the final number of products on the initial number of products and the density of catalytic production rules. For a fixed density of rules we can demonstrate the existence of a phase transition from a practically unpopulated regime to a fully populated and diverse one. The order parameter is the number of final products. We are able to fully understand the origin of this phase transition as a crossover from one set of solutions from a quadratic equation to the other. We observe a remarkable similarity of the solution of the system and the PVT diagrams in standard thermodynamics.