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Increasingly, a huge amount of statistics have been gathered which clearly indicates that income and wealth distributions in various countries or societies follow a robust pattern, close to the Gibbs distribution of energy in an ideal gas…

General Finance · Quantitative Finance 2009-11-13 Arnab Chatterjee , Bikas K. Chakrabarti

Macroscopic fluctuation theory has shown that a wide class of non-equilibrium stochastic dynamical systems obey a large deviation principle, but except for a few one-dimensional examples these large deviation principles are in general not…

Statistical Mechanics · Physics 2014-10-02 Gino Del Ferraro , Erik Aurell

In this paper we continue our earlier investigations into the asymptotic behaviour of infinite systems of coupled differential equations. Under the mild assumption that the so-called characteristic function of our system is completely…

Functional Analysis · Mathematics 2020-10-01 Lassi Paunonen , David Seifert

Economic systems are similar with physic systems for their large number of individuals and the exist of equilibrium. In this paper, we present a model applying the equilibrium statistical model in economic systems. Consistent with…

General Finance · Quantitative Finance 2015-04-17 Zhiwu Zheng

The foundations of the Boltzmann-Gibbs (BG) distributions for describing equilibrium statistical mechanics of systems are examined. Broadly, they fall into: (i) probabilistic paaroaches based on the principle of equal a priori probability…

Statistical Mechanics · Physics 2009-11-10 A. K. Rajagopal , Sumiyoshi Abe

Multimodal normal incestual systems are investigated in terms of multiple categories. The different sorted composition of operators are exhibited as 2-cells in multiple categories built up from 2-categories giving rise to different axioms.…

Category Theory · Mathematics 2015-08-11 Joaquín Díaz Boils

Considering galaxies as self - gravitating systems of many collisionless particles allows to use methods of statistical mechanics inferring the distribution function of these stellar systems. Actually, the long range nature of the…

Cosmology and Nongalactic Astrophysics · Physics 2014-02-04 V. F. Cardone , M. P. Leubner , A. Del Popolo

Two discrete dynamical systems are discussed and analyzed whose trajectories encode significant explicit information about a number of problems in combinatorial probability, including graphical enumeration on Riemann surfaces and random…

Exactly Solvable and Integrable Systems · Physics 2019-01-25 Tova Brown , Nicholas M. Ercolani

We discuss the dynamics and thermodynamics of systems with weak long-range interactions. Generically, these systems experience a violent collisionless relaxation in the Vlasov regime leading to a (usually) non-Boltzmannian quasi stationary…

Statistical Mechanics · Physics 2009-11-13 Pierre-Henri Chavanis

In this note we summarize the connections between equilibrium and slow out of equilibrium dynamics in finite dimensional glasses, such as we understand them today. If we assume that a finite-dimensional system is stable with respect to a…

Disordered Systems and Neural Networks · Physics 2022-07-13 Silvio Franz , Jorge Kurchan

In many complex systems, states and interaction structure coevolve towards a dynamic equilibrium. For the adaptive contact process, we obtain approximate expressions for the degree distributions that characterize the interaction network in…

Adaptation and Self-Organizing Systems · Physics 2015-07-01 Stefan Wieland , Ana Nunes

In this communication, some economic models given by functional mappings are addressed. These are models for random markets where agents trade by pairs and exchange their money in a random and conservative way. They display the exponential…

Trading and Market Microstructure · Quantitative Finance 2014-07-25 Ricardo Lopez-Ruiz , Elyas Shivanian , Jose-Luis Lopez

We investigate a model of high-dimensional dynamical variables with all-to-all interactions that are random and non-reciprocal. We characterize its phase diagram and show that the model can exhibit chaotic dynamics. We show that the…

Disordered Systems and Neural Networks · Physics 2025-12-15 Samantha J. Fournier , Alessandro Pacco , Valentina Ros , Pierfrancesco Urbani

We introduce a model of long-range interacting particles evolving under a stochastic Monte Carlo dynamics, in which possible increase or decrease in the values of the dynamical variables is accepted with preassigned probabilities. For…

Statistical Mechanics · Physics 2013-12-03 Shamik Gupta , Thierry Dauxois , Stefano Ruffo

We explain the ubiquity and extremely slow evolution of non gaussian out-of-equilibrium distributions for the Hamiltonian Mean-Field model, by means of traditional kinetic theory. Deriving the Fokker-Planck equation for a test particle, one…

Statistical Mechanics · Physics 2009-11-10 Freddy Bouchet , Thierry Dauxois

We discuss the equivalence between kinetic wealth-exchange models, in which agents exchange wealth during trades, and mechanical models of particles, exchanging energy during collisions. The universality of the underlying dynamics is shown…

General Finance · Quantitative Finance 2009-11-13 Anirban Chakraborti , Marco Patriarca

The simplest non-trivial model of chaotic Bohmian dynamics is identified. We argue that its most important features can be observed in more complex models, above all, the presumable mechanism of the appearance of chaos in the Bohmian-type…

Quantum Physics · Physics 2007-05-23 Adam J. Makowski , Michal Frackowiak

I describe a class of spin models with short--range plaquette interactions whose static equilibrium properties are trivial but which display glassy dynamics at low temperatures. These models have a dual description in terms of free defects…

Statistical Mechanics · Physics 2009-11-07 Juan P. Garrahan

We here describe the possibility of a synthetic description of the onset of Chaos in many degrees of freedom dynamical systems within the framework of the geometric description of dynamics. We show how this approach to instability helps to…

chao-dyn · Physics 2008-02-03 Cipriani Piero , Di Bari Maria

We propose a general approach, named by us hyperstatistics, to treat complex systems, in which Boltzmann-Gibbs statistics breaks down in domains of the system. Hyperstatistics preserves the concavity of nonadditive $q$-entropy. We obtain…

Statistical Mechanics · Physics 2026-04-29 Lucas Squillante , Samuel M. Soares , Constantino Tsallis , Mariano de Souza