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This paper introduces an equilibrium framework based on sequential sampling in which players face strategic uncertainty over their opponents' behavior and acquire informative signals to resolve it. Sequential sampling equilibrium delivers a…

Theoretical Economics · Economics 2023-11-03 Duarte Gonçalves

Though deliberation is a critical component of democratic decision-making, existing deliberative processes do not scale to large groups of people. Motivated by this, we propose a model in which large-scale decision-making takes place…

Computer Science and Game Theory · Computer Science 2016-06-07 Ashish Goel , David T. Lee

The large-population system consists of considerable small agents whose individual behavior and mass effect are interrelated via their state-average. The mean-field game provides an efficient way to get the decentralized strategies of…

Optimization and Control · Mathematics 2014-03-25 Jianhui Huang , Shujun Wang

The Boltzmann distribution predicts the collective behavior of systems at thermodynamic equilibrium as a function of their constituent parts. Yet most systems in nature are not at equilibrium, and a unified theory of their behavior does not…

Statistical Mechanics · Physics 2018-10-16 Milo M. Lin

This paper introduces a novel nonparametric criterion for determining the appropriate number of clusters, which is derived from the spatial median. The method is constructed to reconcile two competing objectives of cluster analysis: the…

Computation · Statistics 2025-09-26 Hend Gabr , Brian H Willis , Mohammed Baragilly

We propose a class of evolutionary models that involves an arbitrary exchangeable process as the breeding process and different selection schemes. In those models, a new genome is born according to the breeding process, and then a genome is…

Neural and Evolutionary Computing · Computer Science 2020-08-25 Jüri Lember , Chris Watkins

We evaluate the robustness and adaptivity of social groups with heterogeneous agents that are characterized by their binary state, their ability to change this state, their status and their preferred relations to other agents. To define…

Physics and Society · Physics 2022-06-16 Frank Schweitzer

Grubbs and Weaver (JASA 42 (1947) 224--241) suggest a minimum-variance unbiased estimator for the population standard deviation of a normal random variable, where a random sample is drawn and a weighted sum of the ranges of subsamples is…

Statistics Theory · Mathematics 2020-03-13 Andrew V. Sills , Charles W. Champ

The logistic map is a nonlinear difference equation well studied in the literature, used to model self-limiting growth in certain populations. It is known that, under certain regularity conditions, the stochastic logistic map, where the…

Dynamical Systems · Mathematics 2023-10-05 Maricela Cruz , Austin Wei , Johanna Hardin , Ami Radunskaya

Motivated by the wide range of known self-replicating systems, some far from genetics, we study a system composed by individuals having an internal dynamics with many possible states that are partially stable, with varying mutation rates.…

Biological Physics · Physics 2015-10-07 Tommaso Brotto , Guy Bunin , Jorge Kurchan

Recently, we introduced [Physical Review E 100, 022303 (2019)] a stochastic social balance model with Glauber dynamics which takes into account the role of randomness in the individual's behavior. One important finding of our study was a…

Physics and Society · Physics 2021-06-16 Pouya Manshour , Afshin Montakhab

Agents may form coalitions. Each coalition shares its endowment among its agents by applying a sharing rule. The sharing rule induces a coalition formation problem by assuming that agents rank coalitions according to the allocation they…

Theoretical Economics · Economics 2023-10-06 Jorge Alcalde-Unzu , Oihane Gallo , Elena Inarra , Juan D. Moreno-Ternero

We describe society as a nonequilibrium probabilistic system: N individuals occupy W resource states in it and produce entropy S over definite time periods. Resulting thermodynamics is however unusual because a second entropy, H, measures a…

General Finance · Quantitative Finance 2019-02-20 J. Rosenblatt

A new method is proposed to numerically extract the diffusivity of a (typically nonlinear) diffusion equation from underlying stochastic particle systems. The proposed strategy requires the system to be in local equilibrium and have…

Statistical Mechanics · Physics 2018-05-09 Peter Embacher , Nicolas Dirr , Johannes Zimmer , Celia Reina

We describe a general strategy for sampling configurations from a given distribution, NOT based on the standard Metropolis (Markov chain) strategy. It uses the fact that nontrivial problems in statistical physics are high dimensional and…

Statistical Mechanics · Physics 2009-11-07 P. Grassberger

We study unit-level expenditure on consumption across multiple countries and multiple years, in order to extract invariant features of consumption distribution. We show that the bulk of it is lognormally distributed, followed by a power law…

Physics and Society · Physics 2017-03-01 Anindya S. Chakrabarti , Arnab Chatterjee , Tushar K. Nandi , Asim Ghosh , Anirban Chakraborti

The complexity of human behaviour can lead to very unpredictable patterns in social activity and structure. Here we demonstrate the instability of a community network controlled by majority ruling, where an element adopts the most popular…

Cellular Automata and Lattice Gases · Physics 2016-05-17 V. F. Kusmartsev , F. V. Kusmartsev

We develop a general framework to analyze the distribution functions of wealth and income. Within this framework we study wealth distribution in a society by using a model which turns on two-party trading for poor people while for rich…

Statistical Mechanics · Physics 2008-12-02 Arnab Das , Sudhakar Yarlagadda

In modern democracies, the outcome of elections and referendums is often remarkably tight. The repetition of these divisive events are the hallmark of a split society; to the physicist, however, it is an astonishing feat for such large…

Statistical Mechanics · Physics 2024-02-20 Olivier Devauchelle , Piotr Szymczak , Piotr Nowakowski

In statistical physics any given system can be either at an equilibrium or away from it. Networks are not an exception. Most network models can be classified as either equilibrium or growing. Here we show that under certain conditions there…

Statistical Mechanics · Physics 2013-08-13 Dmitri Krioukov , Massimo Ostilli
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