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Phase transitions generically occur in random matrix models as the parameters in the joint probability distribution of the random variables are varied. They affect all main features of the theory and the interpretation of statistical models…

Statistical Mechanics · Physics 2007-05-23 G. M. Cicuta

It has been established under very general conditions that the ergodic properties of Markov processes are inherited by their conditional distributions given partial information. While the existing theory provides a rather complete picture…

Probability · Mathematics 2015-02-04 Patrick Rebeschini , Ramon van Handel

We consider the exit event from a metastable state for the overdamped Langevin dynamics $dX_t = -\nabla f(X_t) dt + \sqrt{h} dB_t$. Using tools from semiclassical analysis, we prove that, starting from the quasi stationary distribution…

Analysis of PDEs · Mathematics 2019-01-17 Giacomo Di Gesù , Tony Lelièvre , Dorian Le Peutrec , Boris Nectoux

We map the Markov Switching Multi-fractal model (MSM) onto the Random Energy Model (REM). The MSM is, like the REM, an exactly solvable model in 1-d space with non-trivial correlation functions. According to our results, four different…

Statistical Mechanics · Physics 2015-06-12 David B. Saakian

One-dimensional run-and-tumble processes may converge towards some localized non-equilibrium steady state when the two velocities and/or the two switching rates are space-dependent. A long dynamical trajectory can be then analyzed via the…

Statistical Mechanics · Physics 2021-08-23 Cecile Monthus

Recently, Lipowski [cond-mat/0002378] investigated a stochastic lattice model which exhibits a discontinuous transition from an active phase into infinitely many absorbing states. Since the transition is accompanied by an apparent power-law…

Statistical Mechanics · Physics 2009-10-31 Haye Hinrichsen

We consider the context of molecular motors modelled by a diffusion process driven by the gradient of a weakly periodic potential that depends on an internal degree of freedom. The switch of the internal state, that can freely be…

Probability · Mathematics 2024-02-02 Serena Della Corte , Richard C. Kraaij

We study the phase diagram and the quantum phase transitions of a site-diluted two-dimensional O(3) quantum rotor model by means of large-scale Monte-Carlo simulations. This system has two quantum phase transitions, a generic one for small…

Strongly Correlated Electrons · Physics 2007-05-23 Thomas Vojta , Rastko Sknepnek

We introduce a Markov-functional approach to construct local volatility models that are calibrated to a discrete set of marginal distributions. The method is inspired by and extends the volatility interpolation of Bass (1983) and Conze and…

Computational Finance · Quantitative Finance 2024-11-25 ShengQuan Zhou

Temporal evolutions toward thermal equilibria are numerically investigated in a Hamiltonian system with many degrees of freedom which has second order phase transition. Relaxation processes are studied through local order parameter, and…

chao-dyn · Physics 2009-10-28 Yoshiyuki Y. Yamaguchi

Regime-switching processes contain two components: continuous component and discrete component, which can be used to describe a continuous dynamical system in a random environment. Such processes have many different properties than general…

Probability · Mathematics 2017-10-26 Jinghai Shao

Statistical physics provides the concepts and methods to explain the phase behavior of interacting many-body systems. Investigations of Lee-Yang zeros --- complex singularities of the free energy in systems of finite size --- have led to a…

Mesoscale and Nanoscale Physics · Physics 2017-05-08 Kay Brandner , Ville F. Maisi , Jukka P. Pekola , Juan P. Garrahan , Christian Flindt

We show the variational convergence of an irreversible Markov jump process describing a finite stochastic particle system to the solution of a countable infinite system of deterministic time-inhomogeneous quadratic differential equations…

Analysis of PDEs · Mathematics 2025-07-08 Jasper Hoeksema , Chun Yin Lam , André Schlichting

Many economic models feature monotone Markov dynamics on state spaces that may be noncompact. Establishing existence, uniqueness, and stability of stationary distributions in such settings has required a patchwork of sufficient conditions,…

Probability · Mathematics 2026-04-07 Takashi Kamihigashi , John Stachurski

A Markov process fluctuating away from its typical behavior can be represented in the long-time limit by another Markov process, called the effective or driven process, having the same stationary states as the original process conditioned…

Statistical Mechanics · Physics 2023-03-30 Florian Angeletti , Hugo Touchette

In this paper, the recurrent events that can occur more than one over the follow-up time have been modeled by phase-type distributions. We use the finite-state continuous-time Markov process with multi states for patients with recurrent…

Methodology · Statistics 2022-01-26 Roufeh Asghari , Amin Hassan Zadeh

We consider a continuous-time financial market with an asset whose price is modeled by a linear stochastic differential equation with drift and volatility switching driven by a uniformly ergodic jump Markov process with a countable state…

Probability · Mathematics 2025-01-14 Vitaliy Golomoziy , Kamil Kladivko , Yuliya Mishura

We construct the exact partition function of the Potts model on a complete graph subject to external fields with linear and nematic type couplings. The partition function is obtained as a solution to a linear diffusion equation and the free…

Mathematical Physics · Physics 2019-08-14 Paolo Lorenzoni , Antonio Moro

We study the phase diagram and the critical behavior of a one-dimensional radius-1 two-state totalistic probabilistic cellular automaton having two absorbing states. This system exhibits a first-order phase transition between the fully…

Statistical Mechanics · Physics 2008-02-03 F. Bagnoli , N. Boccara , P. Palmerini

Dynamic heterogeneity has often been modeled by assuming that a single-particle observable, fluctuating at a molecular scale, is influenced by its coupling to environmental variables fluctuating on a second, perhaps slower, time scale.…

Condensed Matter · Physics 2009-11-07 Gregor Diezemann , Gerald Hinze , Hans Sillescu