Related papers: Market dynamics immediately before and after finan…
The emergence of a power-law distribution for the energy released during an earthquake is investigated in several models. Generic features are identified which are based on the self-affine behavior of the stress field prior to an event.…
We consider two statistical regularities that were used to explain Omori's law of the aftershock rate decay: the Levy and Inverse Gaussian (IGD) distributions. These distributions are thought to describe stress behavior influenced by…
Three fundamental laws of the physics of earthquakes, bearing the names of their discoverers Omori, Gutenberg, Richter and Bath, are widely used in original, review, monographic, and encyclopedic literature. In this paper, we have tried to…
After the main shock of an earthquake the aftershocks are observed. According to Omori's law, the frequency of aftershocks decreases hyperbolically over time. We noticed that, strictly speaking, Omori's law paradoxically contradicts the law…
Understanding the structure of financial markets deals with suitably determining the functional relation between financial variables. In this respect, important variables are the trading activity, defined here as the number of trades $N$,…
Omori Law describes the evolution of the aftershocks of a strong earthquake. Established at the end of the century before last, it is characterized by the beauty of its form, quite definite clarity, as a result of which it still attracts…
We evaluated the efficiency of various models in describing the time decay of aftershock rate of 47 simple sequences occurred in California (37) from 1933 to 2004 and in Italy (10) from 1976 to 2004. We compared the models by the corrected…
Earthquakes and aftershock sequences follow several empirical scaling laws: One of these laws is Bath's law for the magnitude of the largest aftershock. In this work, Modified Form of Bath's Law and its application to KOERI data have been…
The paper provides a synoptic overview of a series of works carried out by a group of researchers at the Institute of Physics of the Earth RAS with the aim of finding new approaches to the problems of earthquake physics. The fundamental…
This paper is devoted to the theory of aftershocks. The history of discovery of the Omori law is briefly described, the initial formulation of the law is given in the form of an algebraic formula describing the decrease in the frequency of…
The presented paper is devoted to the search for mathematical basis for describing the aftershock evolution of strong earthquakes. We consider the experimental facts and heuristic arguments that allow to make a choice and to focus on the…
The decay rate of aftershocks has been modeled as a power law since the pioneering work of Omori in the late nineteenth century. Considered the second most fundamental empirical law after the Gutenberg-Richter relationship, the power law…
Whether aftershocks originate directly from the mainshock and surrounding stress environment or from afterslip dynamics is crucial to the understanding of the nature of aftershocks. We build on a classical description of the fault and…
The paper is based on the report read by the author on October 24, 2018 at the meeting of the Scientific Council of the Institute of Earth Physics of the Russian Academy of Sciences. The report was dedicated to the 150th anniversary of the…
The Omori-Utsu law shows the temporal power-law-like decrease of the frequency of earthquake aftershocks and, interestingly, is found in a variety of complex systems/phenomena exhibiting catastrophes. Now, it may be interpreted as a…
The epidemic-type aftershock sequence model (ETAS) is a simple stochastic process modeling seismicity, based on the two best-established empirical laws, the Omori law (power law decay ~1/t^{1+\theta} of seismicity after an earthquake) and…
The Stock Market is a complex self-interacting system, characterized by an intermittent behaviour. Periods of high activity alternate with periods of relative calm. In the present work we investigate empirically about the possibility that…
Sequences of aftershocks following Omori's empirical law are observed after most major earthquakes, as well as in laboratory-scale fault-mimicking experiments. Nevertheless, the origin of this memory effect is still unclear. In this letter,…
The aftershock productivity law, first described by Utsu in 1970, is an exponential function of the form K=K0.exp({\alpha}M) where K is the number of aftershocks, M the mainshock magnitude, and {\alpha} the productivity parameter. The Utsu…
The dynamical behavior of the currency exchange rate after its large-scale catastrophe is discussed through a case study of the rate of Russian rubles to US dollars after its crash in 2014. It is shown that, similarly to the case of the…