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This paper investigates large fluctuations of Locational Marginal Prices (LMPs) in wholesale energy markets caused by volatile renewable generation profiles. Specifically, we study events of the form $\mathbb{P} \Big ( \mathbf{LMP} \notin…

Optimization and Control · Mathematics 2021-07-07 Tommaso Nesti , John Moriarty , Alessandro Zocca , Bert Zwart

Wave scattering in chaotic systems can be characterized by its spectrum of resonances, $z_n=E_n-i\frac{\Gamma_n}{2}$, where $E_n$ is related to the energy and $\Gamma_n$ is the decay rate or width of the resonance. If the corresponding ray…

Chaotic Dynamics · Physics 2012-03-27 Marcel Novaes

The statistical state for the empirical Pareto's 80/20 rule has been found to correspond to a normal or Gaussian distribution with a standard deviation that is twice the mean. This finding represents large characteristic variations in our…

General Finance · Quantitative Finance 2020-10-01 Katsuaki Tanabe

We review the theoretical foundations of the quantum statistical approach to parton distributions and we show that by using some recent experimental results from Deep Inelastic Scattering, we are able to improve the description of the data…

High Energy Physics - Phenomenology · Physics 2015-06-23 Jacques Soffer , Claude Bourrely , Franco Buccella

The quantum interference between the fine structure states of an atom modifies the shapes of the emergent Stokes profiles in the Second Solar Spectrum. This phenomenon has been studied in great detail both in the presence and absence of…

Solar and Stellar Astrophysics · Physics 2015-06-22 K. Sowmya , K. N. Nagendra , M. Sampoorna , J. O. Stenflo

We explain quantitatively why resonant Raman scattering spectroscopy, an extensively used experimental tool in studying elementary electronic excitations in doped low dimensional semiconductor nanostructures, always produces an observable…

Strongly Correlated Electrons · Physics 2009-10-31 S. Das Sarma , Daw-Wei Wang

In this paper we discuss the problem of the estimation of extreme event occurrence probability for data drawn from some multifractal process. We also study the heavy (power-law) tail behavior of probability density function associated with…

Statistical Mechanics · Physics 2009-11-11 Jean-Francois Muzy , Emmanuel Bacry , Alexey Kozhemyak

We study a continuous time branching process where an individual splits into two daughters with rate b and dies with rate a, starting from a single individual at t=0. We show that the model can be mapped exactly to a random walk problem…

Statistical Mechanics · Physics 2026-02-13 Satya N. Majumdar , Alberto Rosso

This paper deals with optimally-robust parameter estimation in generalized Pareto distributions (GPDs). These arise naturally in many situations where one is interested in the behavior of extreme events as motivated by the…

Statistical Finance · Quantitative Finance 2015-03-17 Peter Ruckdeschel , Nataliya Horbenko

Assuming the validity of random matrices for describing the statistics of a closed chaotic quantum system, we study analytically some statistical properties of the S-matrix characterizing scattering in its open counterpart. In the first…

Mesoscale and Nanoscale Physics · Physics 2016-08-31 Yan. V. Fyodorov , H. -J. Sommers

After 100 years of theoretical treatment of speckle patterns from coherent illumination, there remain some open questions about the nature of ultrasound speckle from soft vascularized tissues. A recent hypothesis is that the fractal…

Medical Physics · Physics 2020-09-11 Kevin J. Parker , Sedigheh S. Poul

Ratios of central order statistics seem to be very useful for estimating the tail of the distributions and therefore, quantiles outside the range of the data. In 1995 Isabel Fraga Alves investigated the rate of convergence of three…

Statistics Theory · Mathematics 2021-02-03 Pavlina K. Jordanova , Milan Stehlí k

The effect of the charge fluctuations on the electronic spectrum and the Raman spectrum of high temperature superconductors is examined within the slave boson approach. Instead of using the saddle point approximation for slave bosons, we…

Condensed Matter · Physics 2016-08-31 H. Niksic , E. Tutis , S. Barisic

Precise measurements of electron and positron scattering, including parity violation, offer great promise in the search for physics beyond the Standard Model. In this context it is crucial to understand the corrections which might arise…

High Energy Physics - Phenomenology · Physics 2024-12-13 X. G. Wang , A. W. Thomas

We demonstrate experimentally how semiconductor lasers subjected to double optical feedback change the statistics of their chaotic spiking dynamics from Gaussian to long-tail Power Law distributions associated to the emergency of bursting.…

Fluctuations of global additive quantities, like total energy or magnetization for instance, can in principle be described by statistics of sums of (possibly correlated) random variables. Yet, it turns out that extreme values (the largest…

Statistical Mechanics · Physics 2008-11-18 Maxime Clusel , Eric Bertin

Dynamical systems in nature exhibit selfsimilar fractal fluctuations and the corresponding power spectra follow inverse power law form signifying long-range space-time correlations identified as self-organized criticality. The physics of…

General Physics · Physics 2008-05-23 A. M. Selvam

A quantum model of the Raman process with the independent Stokes and anti-Stokes nonlinear interactions is developed to study nonclassical correlations between the photons in the Stokes and anti-Stokes fields. The role of the laser pump…

Quantum Physics · Physics 2021-03-26 Kishore Thapliyal , Jan Perina

Supply chain optimization schemes have more often than not underplayed the role of inherent stochastic fluctuations in the associated variables. The present article focuses on the associated reengagement and correlated renormalization of…

Optimization and Control · Mathematics 2015-01-26 Kostas Petridis , Amit K. Chattopadhyay , Prasanta K. Dey

The probability of rare and extreme events is an important quantity for design purposes. However, computing the probability of rare events can be expensive because only a few events, if any, can be observed. To this end, it is necessary to…

Computational Physics · Physics 2020-01-08 Malik Hassanaly , Venkat Raman
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