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Self-organized criticality has been claimed to play an important role in many natural and social systems. In the present work we empirically investigate the relevance of this theory to stock-market dynamics. Avalanches in stock-market…

Physics and Society · Physics 2009-11-11 M. Bartolozzi , D. B. Leinweber , A. W. Thomas

The analysis of fluctuation-dissipation relations developed in Giona et al. (2024) for particle hydromechanics is extended to stochastic forcings alternative to Wiener processes, with the aim of addressing the occurrence of Gaussian…

Statistical Mechanics · Physics 2024-12-30 Chiara Pezzotti , Massimiliano Giona , Giuseppe Procopio

The origin of power-law distributions in self-organized criticality is investigated by treating the variation of the number of active sites in the system as a stochastic process. An avalanche is then regarded as a first-return random walk…

Statistical Mechanics · Physics 2009-11-10 C. B. Yang

This paper studies a stylized model of local interaction where agents choose from an ever increasing set of vertically ranked actions, e.g. technologies. The driving forces of the model are infrequent upward shifts (``updates''), followed…

Statistical Mechanics · Physics 2007-05-23 A. Arenas , A. Diaz-Guilera , C. J. Perez , F. Vega-Redondo

We consider the response of a dynamical system driven by external adiabatic fluctuations. Based on the `adiabatic following approximation' we have made a systematic separation of time-scales to carry out an expansion in $\alpha |\mu|^{-1}$,…

Statistical Mechanics · Physics 2009-10-31 S. K. Banik , J. R. Chaudhuri , D. S. Ray

The spacing intervals of adjacent Riemann zeta zeros(non-trivial) exhibit fractal(irregular) fluctuations generic to dynamical systems in nature such as fluid flows, heart beat patterns, stock market price index, etc., and are associated…

General Physics · Physics 2007-05-23 A. M. Selvam

We study generalizations of It\^{o}-Langevin dynamics consistent within nonextensive thermostatistics. The corresponding stochastic differential equations are shown to be connected with a wide class of nonlinear Fokker-Planck equations…

Statistical Mechanics · Physics 2022-07-14 Leonardo Santos

The model of self-organizing Eulerian walkers is numerically investigated on the square lattice. The critical exponents for the distribution of a number of steps ($\tau_l$) and visited sites ($\tau_s$) characterizing the process of…

Condensed Matter · Physics 2009-10-28 R. R. Shcherbakov , Vl. V. Papoyan , A. M. Povolotsky

A growing number of biological, soft, and active matter systems are observed to exhibit normal diffusive dynamics with a linear growth of the mean squared displacement, yet with a non-Gaussian distribution of increments. Based on the…

Statistical Mechanics · Physics 2017-04-12 A. V. Chechkin , F. Seno , R. Metzler , I. M. Sokolov

We study a model of ``organized'' criticality, where a single avalanche propagates through an \textit{a priori} static (i.e., organized) sandpile configuration. The latter is chosen according to an i.i.d. distribution from a Borel…

Probability · Mathematics 2007-05-23 Marek Biskup , Philippe Blanchard , Lincoln Chayes , Daniel Gandolfo , Tyll Krueger

The train model which is a variant of the Burridge-Knopoff earthquake model is investigated for a velocity-strengthening friction law. It shows self-organized criticality with complex scaling exponents. That is, the probability density…

adap-org · Physics 2009-10-30 Franz-Josef Elmer

The propagator for the activity in a broad class of self-organized critical models obeys an imaginary-time Schr\"odinger equation with a nonlocal, history-dependent potential representing memory. Consequently, the probability for an…

Condensed Matter · Physics 2008-02-03 Maya Paczuski , Stefan Boettcher

Higher criticism is a large-scale testing procedure that can attain the optimal detection boundary for sparse and faint signals. However, there has been a lack of knowledge in most existing works about its asymptotic distribution for more…

Statistics Theory · Mathematics 2025-11-11 Jingkun Qiu

Symmetries play a conspicuous role in the large-scale behavior of critical systems. While in equilibrium they allow to classify asymptotics into different universality classes, out of equilibrium they can emerge, some times unexpectedly, as…

Statistical Mechanics · Physics 2019-04-26 Enrique Rodriguez-Fernandez , Rodolfo Cuerno

We study the universal nature of global fluctuations in the critical regime of the spherical model by evaluating the exact distribution of the magnetization and its absolute value in the thermodynamical limit, in the presence of a conjugate…

Statistical Mechanics · Physics 2015-06-11 Jean-Yves Fortin , Sophie Mantelli

We study the dynamics of fluctuations at the critical point for two time-asymmetric version of the Curie-Weiss model for spin systems that, in the macroscopic limit, undergo a Hopf bifurcation. The fluctuations around the macroscopic limit…

Probability · Mathematics 2017-03-23 Paolo Dai Pra , Daniele Tovazzi

Ecosystems tend to fluctuate around stable equilibria in response to internal dynamics and environmental factors. Occasionally, they enter an unstable tipping region and collapse into an alternative stable state. Our understanding of how…

Recently Mayer et al. [Phys. Rev. E {\bf 68}, 016116 (2003)] proposed a new way to compute numerically the fluctuation-dissipation ratios in nonequilibrium critical systems. Using well-known facts of nonequilibrium critical dynamics I show…

Statistical Mechanics · Physics 2009-11-10 Michel Pleimling

We present a two-dimensional system which exhibits features of self-organized criticality. The avalanches which occur on the surface of a pile of rice are found to exhibit finite size scaling in their probability distribution. The critical…

Soft Condensed Matter · Physics 2009-11-10 C. M. Aegerter , R. Günther , R. J. Wijngaarden

Value-at-risk is one of the important subjects that extensively used by researchers and practitioners for measuring and managing uncertainty in financial markets. Although value-at-risk is a common risk control instrument, but there are…

Statistical Finance · Quantitative Finance 2021-07-07 Ahmad Hajihasani , Ali Namaki , Nazanin Asadi , Reza Tehrani