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The size that an epidemic can reach, measured in terms of the number of fatalities, is an extremely relevant quantity. It has been recently claimed [Cirillo & Taleb, Nature Physics 2020] that the size distribution of major epidemics in…

Physics and Society · Physics 2021-03-18 Alvaro Corral

Empirical studies show that online social networks have not only in- and out-degree distributions with Pareto-like tails but also a high proportion of reciprocal edges. A classical directed preferential attachment (PA) model generates in-…

Physics and Society · Physics 2021-03-15 Tiandong Wang , Sidney Resnick

The characterization of the "most connected" nodes in static or slowly evolving complex networks has helped in understanding and predicting the behavior of social, biological, and technological networked systems, including their robustness…

Physics and Society · Physics 2010-10-21 Scott A. Hill , Dan Braha

We introduce a stochastic model to explain a double power-law distribution which exhibits two different Paretian behaviors in the upper and the lower tail and widely exists in social and economic systems. The model incorporates fitness…

Physics and Society · Physics 2011-04-25 D. D. Han , J. H. Qian , Y. G. Ma

Starting from the model of continuous time random walk, we focus our interest on random walks in which the probability distributions of the waiting times and jumps have fat tails characterized by power laws with exponent between 0 and 1 for…

Probability · Mathematics 2008-01-03 Rudolf Gorenflo , Entsar A. A. Abdel-Rehim

Many social and biological systems are characterized by enduring hierarchies, including those organized around prestige in academia, dominance in animal groups, and desirability in online dating. Despite their ubiquity, the general…

Social and Information Networks · Computer Science 2022-04-27 Mari Kawakatsu , Philip S. Chodrow , Nicole Eikmeier , Daniel B. Larremore

We consider the evolution of scale-free networks according to preferential attachment schemes and show the conditions for which the exponent characterizing the degree distribution is bounded by upper and lower values. Our framework is an…

Statistical Finance · Quantitative Finance 2013-01-07 João P. da Cruz , Pedro G. Lind

Different models to study the wealth distribution in an artificial society have considered a transactional dynamics as the driving force. Those models include a risk aversion factor, but also a finite probability of favoring the poorer…

Physics and Society · Physics 2009-11-11 M. A. Fuentes , M. N. Kuperman , J. R. Iglesias

Inspired by scientific collaboration networks, especially our empirical analysis of the network of econophysicists, an evolutionary model for weighted networks is proposed. Both degree-driven and weight-driven models are considered.…

Disordered Systems and Neural Networks · Physics 2007-05-23 Menghui Li , Jinshan Wu , Dahui Wang , Tao Zhou , Zengru Di , Ying Fan

In search of many social and economical systems, it is found that node strength distribution as well as degree distribution demonstrate the behavior of power-law with droop-head and heavy-tail. We present a new model for the growth of…

Disordered Systems and Neural Networks · Physics 2007-05-23 Chuan-Ji Fu , Qing Ou , Wen Chen , Bing-Hong Wang , Ying-Di Jin , Yong-Wei Niu , Tao Zhou

Using a model based on generalised Lotka Volterra dynamics together with some recent results for the solution of generalised Langevin equations, we show that the equilibrium solution for the probability distribution of wealth has two…

Statistical Mechanics · Physics 2008-12-10 Peter Richmond , Sorin Solomon

We present an overview of possible reasons for the appearance of heavy-tailed distributions in applications to the natural sciences. These distributions include the laws of Pareto, Lotka, and some new ones. The reasons are illustrated using…

Physics and Society · Physics 2023-01-24 Lev B. Klebanov , Yulia V. Kuvaeva

More than one billion data sampled with different frequencies from several financial instruments were investigated with the aim of testing whether they involve power law. As a result, a known power law with the power exponent around -4 was…

Statistical Finance · Quantitative Finance 2020-10-06 Caglar Tuncay

Paper proposes a model of large networks based on a random preferential attachment graph with addition of complete subgraphs (cliques). The proposed model refers to models of random graphs following the nonlinear preferential attachment…

Social and Information Networks · Computer Science 2019-04-05 E. B. Yudin

The effects of saving and spending patterns on holding time distribution of money are investigated based on the ideal gas-like models. We show the steady-state distribution obeys an exponential law when the saving factor is set uniformly,…

Physics and Society · Physics 2009-11-11 Ning Ding , Ning Xi , Yougui Wang

Power law distributions of macroscopic observables are ubiquitous in both the natural and social sciences. They are indicative of correlated, cooperative phenomena between groups of interacting agents at the microscopic level. In this paper…

Condensed Matter · Physics 2009-11-07 P Ormerod , C Mounfield

Ben-Ari and Schinazi (2016) introduced a stochastic model to study `virus-like evolving population with high mutation rate'. This model is a birth and death model with an individual at birth being either a mutant with a random fitness…

Probability · Mathematics 2020-01-03 Rahul Roy , Hideki Tanemura

Recently several authors have proposed stochastic evolutionary models for the growth of the web graph and other networks that give rise to power-law distributions. These models are based on the notion of preferential attachment leading to…

Soft Condensed Matter · Physics 2007-05-23 Trevor Fenner , Mark Levene , George Loizou

Understanding of evolutionary mechanism of online social networks is greatly significant for the development of network science. However, present researches on evolutionary mechanism of online social networks are neither deep nor clear…

Physics and Society · Physics 2018-08-01 Bin Zhou , Xiao-Yong Yan , Xiao-Ke Xu , Xiao-Ting Xu , Nianxin Wang

The percolation threshold of the network model by Barabasi and Albert (BA-model) [Science 286, 509 (1999)] has thus far only been 'guessed' based on simulations and comparison with other models. Due to the still uncertain influence of…

Statistical Mechanics · Physics 2007-05-23 W. Pietsch
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