The labour market on the hypercube

Positions offered on a labour market and workers preferences are described here by bit strings representing individual traits. We study the co-evolution of workers and firms preferences modeled by such traits. Individual size-like properties are controlled by binary encounters whose outcomes depend upon a recognition process. Depending upon the parameter set-up, mutual selection of workers and positions results in different types of attractors, either an exclusive niches regime or a competition regime. (c) 2007 Elsevier B.V. All rights reserved.