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This paper considers the problem of estimating a power-law degree distribution of an undirected network using sampled data. Although power-law degree distributions are ubiquitous in nature, the widely used parametric methods for estimating…

Social and Information Networks · Computer Science 2021-03-09 Buddhika Nettasinghe , Vikram Krishnamurthy

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 extend the scope of the dynamical theory of extreme values to cover phenomena that do not happen instantaneously, but evolve over a finite, albeit unknown at the onset, time interval. We consider complex dynamical systems, composed of…

Neurons and Cognition · Quantitative Biology 2020-05-20 Theophile Caby , Giorgio Mantica

This paper presents a new model for characterising temporal dependence in exceedances above a threshold. The model is based on the class of trawl processes, which are stationary, infinitely divisible stochastic processes. The model for…

Methodology · Statistics 2017-12-19 Ragnhild C. Noven , Almut E. D. Veraart , Axel Gandy

The extreme eigenvalues of connectivity matrices govern the influence of the network structure on a number of network dynamical processes. A fundamental open question is whether the eigenvalues of large networks are well represented by…

Statistical Mechanics · Physics 2011-11-09 Dong-Hee Kim , Adilson E. Motter

We revisit multivariate extreme value theory modeling by emphasizing multivariate regular variations and the multivariate Breiman Lemma. This allows us to recover in a simple framework the most popular multivariate extreme value…

Methodology · Statistics 2017-12-27 Zhen Wai Olivier Ho , Clement Dombry

Extreme Value Theory plays an important role to provide approximation results for the extremes of a sequence of independent random variables when their distribution is unknown. An important one is given by the {generalised Pareto…

Probability · Mathematics 2024-05-08 Simone A. Padoan , Stefano Rizzelli

A mechanism is proposed for the appearance of power law distributions in various complex systems. It is shown that in a conservative mechanical system composed of subsystems with different numbers of degrees of freedom a robust power-law…

Statistical Mechanics · Physics 2018-01-03 Anirban Chakraborti , Marco Patriarca

Power-law distributions are typical macroscopic features occurring in almost all complex systems observable in nature. As a result, researchers in quantitative analyses must often generate random synthetic variates obeying power-law…

Physics and Society · Physics 2014-11-11 Filippo Radicchi

The availability of large scale streaming network data has reinforced the ubiquity of power-law distributions in observations and enabled precision measurements of the distribution parameters. The increased accuracy of these measurements…

Physics and Society · Physics 2021-08-23 Pat Devlin , Jeremy Kepner , Ashley Luo , Erin Meger

We study the load distribution in weighted networks by measuring the effective number of optimal paths passing through a given vertex. The optimal path, along which the total cost is minimum, crucially depend on the cost distribution…

Statistical Mechanics · Physics 2009-11-10 K. -I. Goh , J. D. Noh , B. Kahng , D. Kim

The purpose of this paper is to assess the statistical characterization of weighted networks in terms of the generalization of the relevant parameters, namely average path length, degree distribution and clustering coefficient. Although the…

Physics and Society · Physics 2007-05-23 Antoniou Ioannis , Tsompa Eleni

We will introduce two evolving models that characterize weighted complex networks. Though the microscopic dynamics are different, these models are found to bear a similar mathematical framework, and hence exhibit some common behaviors, for…

Disordered Systems and Neural Networks · Physics 2007-05-23 Bo Hu , Gang Yan , Wen-Xu Wang , Wen Chen

The spread of disease on complex networks has attracted widely attention in the physics community. Recent works have demonstrated that heterogeneous degree and weight distributions have a significant influence on the epidemic dynamics. In…

Physics and Society · Physics 2015-06-22 Wei Wang , Ming Tang , Hai-Feng Zhang , Hui Gao , Younghae Do , Zong-Hua Liu

The rate equations are used to study the scale-free behavior of the weight distribution in evolving networks whose topology is determined only by degrees of preexisting vertices. An analysis of these equations shows that the degree…

Disordered Systems and Neural Networks · Physics 2007-05-23 W. Jezewski

Empirical evidence suggests that heavy-tailed degree distributions occurring in many real networks are well-approximated by power laws with exponents $\eta$ that may take values either less than and greater than two. Models based on various…

Machine Learning · Statistics 2018-07-10 Benjamin Bloem-Reddy , Adam Foster , Emile Mathieu , Yee Whye Teh

Our contribution is to widen the scope of extreme value analysis applied to discrete-valued data. Extreme values of a random variable $X$ are commonly modeled using the generalized Pareto distribution, a method that often gives good results…

Statistics Theory · Mathematics 2017-07-18 Adrien Hitz , Richard Davis , Gennady Samorodnitsky

We give an exact solution for the complete distribution of component sizes in random networks with arbitrary degree distributions. The solution tells us the probability that a randomly chosen node belongs to a component of size s, for any…

Statistical Mechanics · Physics 2007-10-18 M. E. J. Newman

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

The main results of the extreme value theory developed for the investigation of the observables of dynamical systems rely, up to now, on the Gnedenko approach. In this framework, extremes are basically identified with the block maxima of…

Statistical Mechanics · Physics 2015-05-30 Valerio Lucarini , Davide Faranda , Jeroen Wouters