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Arguably the most important problem in quantitative finance is to understand the nature of stochastic processes that underlie market dynamics. One aspect of the solution to this problem involves determining characteristics of the…

Physics and Society · Physics 2009-11-13 Kevin E. Bassler , Joseph L. McCauley , Gemunu H. Gunaratne

Turbulent flows, ubiquitous in nature and engineering, comprise fluctuations over a wide range of spatial and temporal scales. While flows with fluctuations in thermodynamic variables are much more common, much less is known about these…

Fluid Dynamics · Physics 2020-09-02 Diego A. Donzis , John Panickacheril John

The interevent time distribution characterizes the temporal occurrence in seismic catalogs. Universal scaling properties of this distribution have been evidenced for entire catalogs and seismic sequences. Recently, these universal features…

We discuss the universal scaling laws of order parameter fluctuations in any system in which the second-order critical behaviour can be identified. These scaling laws can be derived rigorously for equilibrium systems when combined with the…

Statistical Mechanics · Physics 2009-10-31 R. Botet , M. Ploszajczak

Scaling laws in ecology, intended both as functional relationships among ecologically-relevant quantities and the probability distributions that characterize their occurrence, have long attracted the interest of empiricists and…

Populations and Evolution · Quantitative Biology 2017-10-19 Silvia Zaoli , Andrea Giometto , Amos Maritan , Andrea Rinaldo

Scaling laws illuminate Nature's fundamental biological principles and guide bioinspired materials and structural designs. In simple cases they are based on the fundamental principle that all laws of nature remain unchanged (i.e.,…

Biological Physics · Physics 2025-02-18 Huan Liu , Shashank Priya , Richard D. James

Many fluctuating systems consist of macroscopic structures in addition to noisy signals. Thus, for this class of fluctuating systems, the scaling behaviors are very complicated. Such phenomena are quite commonly observed in Nature, ranging…

Statistical Mechanics · Physics 2007-05-23 Ning-Ning Pang , Hisen-Ching Kao , Wen-Jer Tzeng

We consider nonequilibrium systems with complex dynamics in stationary states with large fluctuations of intensive quantities (e.g. the temperature, chemical potential, or energy dissipation) on long time scales. Depending on the…

Statistical Mechanics · Physics 2009-11-07 C. Beck , E. G. D. Cohen

We show that a scaling approach successfully characterizes clustering and intermittency in space and time, in systems of noninteracting particles driven by fluctuating surfaces. We study both the steady state and the approach to it, for…

Soft Condensed Matter · Physics 2019-01-15 Tapas Singha , Mustansir Barma

We propose a stochastic model of a fragmentation process, developed by taking into account fragment lifetime as a function of their size based on the Gibrat process. If lifetime is determined by a power function of fragment size, numerical…

Statistical Mechanics · Physics 2015-06-22 Shin-ichi Ito , Satoshi Yukawa

Scaling analysis reveals striking regularities in earthquake occurrence. The time between any one earthquake and that following it is random, but it is described by the same universal-probability distribution for any spatial region and…

Condensed Matter · Physics 2009-11-10 Alvaro Corral

In a recent paper [Ferrari et al., Phys. Rev. E 69, 035102(R) (2004)], the scaling law of the fluctuations of the step limiting a crystal facet has been computed as a function of the facet size. Ferrari et al. use rigorous, but physically…

Statistical Mechanics · Physics 2015-06-24 Alberto Pimpinelli , M. Degawa , T. L. Einstein , Ellen D. Williams

The typical values and fluctuations of time-integrated observables of nonequilibrium processes driven in steady states are known to be characterized by large deviation functions, generalizing the entropy and free energy to nonequilibrium…

Statistical Mechanics · Physics 2020-08-04 Daniel Nickelsen , Hugo Touchette

Atmospheric flows, an example of turbulent fluid flows, exhibit fractal fluctuations of all space-time scales ranging from turbulence scale of mm -sec to climate scales of thousands of kilometers - years and may be visualized as a nested…

General Physics · Physics 2010-12-01 A. M. Selvam

Superslow diffusion, i.e., the long-time diffusion of particles whose mean-square displacement (variance) grows slower than any power of time, is studied in the framework of the decoupled continuous-time random walk model. We show that this…

Statistical Mechanics · Physics 2010-11-24 S. I. Denisov , H. Kantz

We investigate the diffusion limited aggregation of particles executing persistent random walks. The scaling properties of both random walks and large aggregates are presented. The aggregates exhibit a crossover between ballistic and…

Statistical Mechanics · Physics 2011-07-28 Isadora R. Nogueira , Sidiney G. Alves , Silvio C. Ferreira

We propose a branching process based on a dynamical scaling hypothesis relating time and mass. In the context of earthquake occurrence, we show that experimental power laws in size and time distribution naturally originate solely from this…

Statistical Mechanics · Physics 2007-05-23 Eugenio Lippiello , Cataldo Godano , Lucilla de Arcangelis

The fluctuations in nonequilibrium systems are under intense theoretical and experimental investigation. Topical ``fluctuation relations'' describe symmetries of the statistical properties of certain observables, in a variety of models and…

Statistical Mechanics · Physics 2011-09-08 Lamberto Rondoni , Carlos Mejia-Monasterio

Complex systems comprise a large number of interacting elements, whose dynamics is not always a priori known. In these cases -- in order to uncover their key features -- we have to turn to empirical methods, one of which was recently…

Physics and Society · Physics 2008-12-02 Janos Kertesz , Zoltan Eisler

A mass ejection model in a time-dependent random environment with both temporal and spatial correlations is introduced. When the environment has a finite correlation length, individual particle trajectories are found to diffuse at large…

Chaotic Dynamics · Physics 2012-03-28 Giorgio Krstulovic , Rehab Bitane , Jeremie Bec
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