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Collective phenomena with universal properties have been observed in many complex systems with a large number of components. Here we present a microscopic model of the emergence of scaling behavior in such systems, where the interaction…

Statistical Finance · Quantitative Finance 2015-05-19 S. V. Vikram , Sitabhra Sinha

In this paper, we propose a simple rule that generates scale-free small-world networks with tunable assortative coefficient. These networks are constructed by two-stage adding process for each new node. The model can reproduce scale-free…

Physics and Society · Physics 2009-11-11 Qiang Guo , Tao Zhou , Jian-Guo Liu , Wen-Jie Bai , Bing-Hong Wang , Ming Zhao

The decentralized international market of currency trading is a prototypical complex system having a highly heterogeneous composition. To understand the hierarchical structure relating the price movement of different currencies in the…

Statistical Finance · Quantitative Finance 2022-01-07 Abhijit Chakraborty , Soumya Easwaran , Sitabhra Sinha

Using a model of wealth distribution where traders are characterized by quenched random saving propensities and trade among themselves by bipartite transactions, we mimic the enhanced rates of trading of the rich by introducing the…

General Finance · Quantitative Finance 2015-05-14 Abhijit Chakraborty , S. S. Manna

We investigate the accumulated wealth distribution by adopting evolutionary games taking place on scale-free networks. The system self-organizes to a critical Pareto distribution (1897) of wealth $P(m)\sim m^{-(v+1)}$ with $1.6 < v <2.0$…

Physics and Society · Physics 2009-11-11 Mao-Bin Hu , Wen-Xu Wang , Rui Jiang , Qing-Song Wu , Bing-Hong Wang , Yong-Hong Wu

A wide variety of real-life networks share two remarkable generic topological properties: scale-free behavior and modular organization, and it is natural and important to study how these two features affect the dynamical processes taking…

Statistical Mechanics · Physics 2009-11-21 Zhongzhi Zhang , Yuan Lin , Shuyang Gao , Shuigeng Zhou , Jihong Guan , Mo Li

In this paper, we study the form over the minimum spanning tree problem (MST) from which we will derive an intuitively generalized model and new methods with the upper bound of runtimes of logarithm. The new pattern we made has taken…

Discrete Mathematics · Computer Science 2017-06-26 Yong Tan

Economy, and consequently trade, is a fundamental part of human social organization which, until now, has not been studied within the network modelling framework. Networks are mathematical tools used in the modelling of a wide variety of…

Disordered Systems and Neural Networks · Physics 2009-11-10 M. Angeles Serrano , Marian Boguna

Success in modeling complex phenomena such as human perception hinges critically on the availability of data and computational power. Significant progress has been made in modeling such phenomena using probabilistic methods, particularly in…

Data Analysis, Statistics and Probability · Physics 2019-02-20 Danh-Tai Hoang , Juyong Song , Vipul Periwal , Junghyo Jo

For the purpose of elucidating the correlation among currencies, we analyze daily and high-resolution data of foreign exchange rates. There is strong correlation for pairs of currencies of geographically near countries. We show that there…

Statistical Mechanics · Physics 2008-12-02 Takayuki Mizuno , Shoko Kurihara , Misako Takayasu , Hideki Takayasu

Link weight is crucial in weighted complex networks. It provides additional dimension for describing and adjusting the properties of networks. The topological role of weight is studied by the effects of random redistribution of link weights…

Statistical Mechanics · Physics 2007-05-23 Menghui Li , Ying Fan , Dahui Wang , Na Liu , Daqing Li , Jinshan Wu , Zengru Di

Tools of the theory of critical phenomena, namely the scaling analysis and universality, are argued to be applicable to large complex web-like network structures. Using a detailed analysis of the real data of the International Trade Network…

General Finance · Quantitative Finance 2009-11-13 K. Bhattacharya , G. Mukherjee , J. Saramaki , K. Kaski , S. S. Manna

The fluctuation of dynamic variables in complex networks is known to depend on the dimension and the heterogeneity of the substrate networks. Previous studies, however, have reported inconsistent results for the scaling behavior of…

Physics and Society · Physics 2018-04-11 H. -H. Yoo , D. -S. Lee

We present empirical evidence that land values are scale-free and introduce a network model that reproduces the observations. The network approach to urban modelling is based on the assumption that the market dynamics that generates land…

Disordered Systems and Neural Networks · Physics 2009-11-10 Claes Andersson , Alexander Hellervik , Kristian Lindgren , Anders Hagson , Jonas Tornberg

We found that models of evolving random networks exhibit dynamic scaling similar to scaling of growing surfaces. It is demonstrated by numerical simulations of two variants of the model in which nodes are added as well as removed [Phys.…

Statistical Mechanics · Physics 2009-11-07 Miroslav Kotrla , Frantisek Slanina , Jakub Steiner

We show that the geometry of minimum spanning trees (MST) on random graphs is universal. Due to this geometric universality, we are able to characterise the energy of MST using a scaling distribution ($P(\epsilon)$) found using uniform…

Statistical Mechanics · Physics 2009-11-07 R. Dobrin , P. M. Duxbury

We discuss three related models of scale-free networks with the same degree distribution but different correlation properties. Starting from the Barabasi-Albert construction based on growth and preferential attachment we discuss two other…

Statistical Mechanics · Physics 2009-11-10 R. Xulvi-Brunet , W. Pietsch , I. M. Sokolov

We present a novel type of weighted scale-free network model, in which the weight grows independently of the attachment of new nodes. The evolution of this network is thus determined not only by the preferential attachment of new nodes to…

Disordered Systems and Neural Networks · Physics 2007-07-24 Takuma Tanaka , Toshio Aoyagi

In this paper we study the impact of degree correlations in the subgraphs statistics of scale-free networks. In particular we consider loops: a simple case of network subgraphs which encode the redundancy of the paths passing through every…

Disordered Systems and Neural Networks · Physics 2009-11-11 Ginestra Bianconi , Matteo Marsili

Classic measures of graph centrality capture distinct aspects of node importance, from the local (e.g., degree) to the global (e.g., closeness). Here we exploit the connection between diffusion and geometry to introduce a multiscale…

Physics and Society · Physics 2020-07-29 Alexis Arnaudon , Robert L. Peach , Mauricio Barahona