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Related papers: Record Statistics of Continuous Time Random Walk

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It is shown that statistics of records for time series generated by random walks are independent of the details of the jump distribution, as long as the latter is continuous and symmetric. In N steps, the mean of the record distribution…

Statistical Mechanics · Physics 2008-08-04 Satya N. Majumdar , Robert M. Ziff

We review recent advances on the record statistics of strongly correlated time series, whose entries denote the positions of a random walk or a L\'evy flight on a line. After a brief survey of the theory of records for independent and…

Statistical Mechanics · Physics 2017-07-21 Claude Godreche , Satya N. Majumdar , Gregory Schehr

We study the statistics of records of a one-dimensional random walk of n steps, starting from the origin, and in presence of a constant bias c. At each time-step the walker makes a random jump of length \eta drawn from a continuous…

Statistical Mechanics · Physics 2012-08-29 Satya N. Majumdar , Gregory Schehr , Gregor Wergen

We study the record statistics of random walks after $n$ steps, $x_0, x_1,\ldots, x_n$, with arbitrary symmetric and continuous distribution $p(\eta)$ of the jumps $\eta_i = x_i - x_{i-1}$. We consider the age of the records, i.e. the time…

Statistical Mechanics · Physics 2014-06-09 Claude Godreche , Satya N. Majumdar , Gregory Schehr

We study the statistics of increments in record values in a time series $\{x_0=0,x_1, x_2, \ldots, x_n\}$ generated by the positions of a random walk (discrete time, continuous space) of duration $n$ steps. For arbitrary jump length…

Statistical Mechanics · Physics 2016-07-19 Claude Godreche , Satya N. Majumdar , Gregory Schehr

The characterization of record events is considered for a discrete-time random walk model with long-term memory arising from correlations between successive steps. An important feature is that the correlations are strong enough to give rise…

Statistical Mechanics · Physics 2021-02-02 Michael J. Kearney

We investigate the statistics of records in a random sequence $\{x_B(0)=0,x_B(1),\cdots, x_B(n)=x_B(0)=0\}$ of $n$ time steps. The sequence $x_B(k)$'s represents the position at step $k$ of a random walk `bridge' of $n$ steps that starts…

Statistical Mechanics · Physics 2016-01-08 Claude Godreche , Satya N. Majumdar , Gregory Schehr

We develop a comprehensive framework for analyzing full record statistics, covering record counts $M(t_1), M(t_2), \ldots$, and their corresponding attainment times $T_{M(t_1)}, T_{M(t_2)}, \ldots$, as well as the intervals until the next…

Statistical Mechanics · Physics 2024-06-21 Léo Régnier , Maxim Dolgushev , Olivier Bénichou

We compute exactly the mean number of records $\langle R_N \rangle$ for a time-series of size $N$ whose entries represent the positions of a discrete time random walker on the line. At each time step, the walker jumps by a length $\eta$…

Statistical Mechanics · Physics 2022-01-03 Satya N. Majumdar , Philippe Mounaix , Sanjib Sabhapandit , Gregory Schehr

The study of record statistics of correlated series is gaining momentum. In this work, we study the records statistics of the time series of select stock market data and the geometric random walk, primarily through simulations. We show that…

Statistical Finance · Quantitative Finance 2014-10-10 Behlool Sabir , M. S. Santhanam

How long is needed for an observable to exceed its previous highest value and establish a new record? This time, known as the age of a record plays a crucial role in quantifying record statistics. Until now, general methods for determining…

Statistical Mechanics · Physics 2023-10-16 Léo Régnier , Maxim Dolgushev , Olivier Bénichou

We address the theory of records for integrated random walks with finite variance. The long-time continuum limit of these walks is a non-Markov process known as the random acceleration process or the integral of Brownian motion. In this…

Statistical Mechanics · Physics 2022-03-03 Claude Godrèche , Jean-Marc Luck

Current statistics can be calculated in various ways. Event-based approaches use the statistics of the number of events occuring during a given time. Time-based approaches use the statistics of the time needed to reach a given number of…

Statistical Mechanics · Physics 2015-05-14 Massimiliano Esposito , Katja Lindenberg , Igor M. Sokolov

We investigate the statistics of three kinds of records associated with planar random walks, namely diagonal, simultaneous and radial records. The mean numbers of these records grow as universal power laws of time, with respective exponents…

Statistical Mechanics · Physics 2021-08-06 Claude Godrèche , Jean-Marc Luck

Using two simple examples, the continuous-time random walk as well as a two state Markov chain, the relation between generalized anomalous relaxation equations and semi-Markov processes is illustrated. This relation is then used to discuss…

Probability · Mathematics 2017-11-22 Enrico Scalas

We study the statistics of the number of records $R_n$ for a symmetric, $n$-step, discrete jump process on a $1D$ lattice. At a given step, the walker can jump by arbitrary lattice units drawn from a given symmetric probability…

Statistical Mechanics · Physics 2020-09-21 Philippe Mounaix , Satya N. Majumdar , Gregory Schehr

We compute exactly the statistics of the number of records in a discrete-time random walk model on a line where the walker stays at a given position with a nonzero probability $0\leq p \leq 1$, while with the complementary probability…

Statistical Mechanics · Physics 2021-09-08 Satya N. Majumdar , Philippe Mounaix , Gregory Schehr

We consider the occurrence of record-breaking events in random walks with asymmetric jump distributions. The statistics of records in symmetric random walks was previously analyzed by Majumdar and Ziff and is well understood. Unlike the…

Statistical Finance · Quantitative Finance 2011-05-16 Gregor Wergen , Miro Bogner , Joachim Krug

The statistics of records in sequences of independent, identically distributed random variables is a classic subject of study. One of the earliest results concerns the stochastic independence of record events. Recently, records statistics…

Statistical Mechanics · Physics 2011-09-26 Gregor Wergen , Jasper Franke , Joachim Krug

In empirical studies of random walks, continuous trajectories of animals or individuals are usually sampled over a finite number of points in space and time. It is however unclear how this partial observation affects the measured…

Physics and Society · Physics 2018-03-13 Riccardo Gallotti , Rémi Louf , Jean-Marc Luck , Marc Barthelemy
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