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A dynamic herding model with interactions of trading volumes is introduced. At time $t$, an agent trades with a probability, which depends on the ratio of the total trading volume at time $t-1$ to its own trading volume at its last trade.…

Trading and Market Microstructure · Quantitative Finance 2009-11-03 F. Ren , B. Zheng , P. Chen

Network growth is currently explained through mechanisms that rely on node prestige measures, such as degree or fitness. In many real networks those who create and connect nodes do not know the prestige values of existing nodes, but only…

Disordered Systems and Neural Networks · Physics 2007-05-23 Santo Fortunato , Alessandro Flammini , Filippo Menczer

We investigate analytically and numerically the dynamical properties of critical Boolean networks with power-law in-degree distributions. When the exponent of the in-degree distribution is larger than 3, we obtain results equivalent to…

Disordered Systems and Neural Networks · Physics 2009-11-13 Barbara Drossel , Florian Greil

We model the evolution of the Internet at the Autonomous System level as a process of competition for users and adaptation of bandwidth capability. We find the exponent of the degree distribution as a simple function of the growth rates of…

Disordered Systems and Neural Networks · Physics 2009-11-10 M. Angeles Serrano , Marian Boguna , Albert Diaz-Guilera

In this paper we provide numerical evidence of the richer behavior of the connectivity degrees in heterogeneous preferential attachment networks in comparison to their homogeneous counterparts. We analyze the degree distribution in the…

Other Condensed Matter · Physics 2009-11-13 A. Santiago , R. M. Benito

We describe the anomalous phase transition of the emergence of the giant connected component in scale-free networks growing under mechanism of preferential linking. We obtain exact results for the size of the giant connected component and…

Statistical Mechanics · Physics 2009-11-07 S. N. Dorogovtsev , J. F. F. Mendes , A. N. Samukhin

The degree distributions of many real world networks follow power-laws whose exponents tend to fall between two and three. Within the framework of the Barabasi-Albert model (BA model), we explain this empirical observation by a simple fact.…

Physics and Society · Physics 2009-05-19 Shinji Tanimoto

Inspired by studies on airline networks we propose a general model for weighted networks in which topological growth and weight dynamics are both determined by cost adversarial mechanism. Since transportation networks are designed and…

Physics and Society · Physics 2007-12-10 Yihong Hu , Daoli Zhu , Yang Li , Bing Su , Bingxin Zhu

We show that the load at each node in a preferential attachment network scales as a power of the degree of the node. For a network whose degree distribution is p(k) ~ k^(-gamma), we show that the load is l(k) ~ k^eta with eta = gamma - 1,…

Physics and Society · Physics 2015-05-13 Onuttom Narayan , Iraj Saniee

Recently several authors have proposed stochastic evolutionary models for the growth of complex networks that give rise to power-law distributions. These models are based on the notion of preferential attachment leading to the ``rich get…

Physics and Society · Physics 2007-05-23 Trevor Fenner , Mark Levene , George Loizou

We study the tails of closing auction return distributions for a sample of liquid European stocks. We use the stochastic call auction model of Derksen et al. (2020a), to derive a relation between tail exponents of limit order placement…

Trading and Market Microstructure · Quantitative Finance 2020-12-21 M. Derksen , B. Kleijn , R. de Vilder

We show that the protein-protein interaction networks can be surprisingly well described by a very simple evolution model of duplication and divergence. The model exhibits a remarkably rich behavior depending on a single parameter, the…

Molecular Networks · Quantitative Biology 2009-11-10 I. Ispolatov , P. L. Krapivsky , A. Yuryev

There are multiple explanations for stylized facts in high-frequency trading, including adaptive and informed agents, many of which have been studied through agent-based models. This paper investigates an alternative explanation by…

Computational Finance · Quantitative Finance 2025-08-29 Mateusz Wilinski , Juho Kanniainen

The comprehensive characterization of the structure of complex networks is essential to understand the dynamical processes which guide their evolution. The discovery of the scale-free distribution and the small world property of real…

Computational Physics · Physics 2009-11-13 Paulino R. Villas Boas , Francisco A. Rodrigues , Gonzalo Travieso , Luciano da F. Costa

We study a version of the Tangled Nature model of evolutionary ecology redefined in a phenotype space where mutants have properties correlated to their parents. The model has individual-based dynamics whilst incorporating species scale…

Populations and Evolution · Quantitative Biology 2016-09-08 Simon Laird , Henrik Jeldtoft Jensen

We model a system of networking agents that seek to optimize their centrality in the network while keeping their cost, the number of connections they are participating in, low. Unlike other game-theory based models for network evolution,…

Populations and Evolution · Quantitative Biology 2007-05-23 Petter Holme , Gourab Ghoshal

Contrary to many recent models of growing networks, we present a model with fixed number of nodes and links, where it is introduced a dynamics favoring the formation of links between nodes with degree of connectivity as different as…

Statistical Mechanics · Physics 2007-05-23 M. Baiesi , S. S. Manna

The study of complex networks has been one of the most active fields in science in recent decades. Spectral properties of networks (or graphs that represent them) are of fundamental importance. Researchers have been investigating these…

Combinatorics · Mathematics 2018-09-25 Daniel Montealegre , Van Vu

We introduce a solvable model of randomly growing systems consisting of many independent subunits. Scaling relations and growth rate distributions in the limit of infinite subunits are analysed theoretically. Various types of scaling…

Physics and Society · Physics 2015-06-12 Misako Takayasu , Hayafumi Watanabe , Hideki Takayasu

We investigate the emergence of complex dynamics in networks with heavy-tailed connectivity by developing a non-Hermitian random matrix theory. We uncover the existence of an extended critical regime of spatially multifractal fluctuations…

Disordered Systems and Neural Networks · Physics 2022-09-23 Asem Wardak , Pulin Gong