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Methods of statistical physics have proven valuable for studying the evolution of cooperation in social dilemma games. However, recent empirical research shows that cooperative behavior in social dilemmas is only one kind of a more general…

Physics and Society · Physics 2018-10-16 Valerio Capraro , Matjaz Perc

In a recent paper in this journal [J. Stat. Mech. (2009) P02037] we proposed a new, physically motivated, distribution function for modeling individual incomes having its roots in the framework of the k-generalized statistical mechanics.…

General Finance · Quantitative Finance 2012-12-07 F. Clementi , M. Gallegati , G. Kaniadakis

The aim of this paper is to establish the asymptotic behavior of the mutual influence of the Gini index and the poverty measures by using the Gaussian fields described in Mergane and Lo(2013). The results are given as representation…

Methodology · Statistics 2017-05-29 Gane Samb Lo , Pape Djiby Mergane , Tchilabalo Abozou Kpanzou

The paper provides a survey of results related to the "$\kappa$-generalized distribution", a statistical model for the size distribution of income and wealth. Topics include, among others, discussion of basic analytical properties,…

General Finance · Quantitative Finance 2016-10-28 F. Clementi , M. Gallegati , G. Kaniadakis , S. Landini

We propose a methodology to assess transportation accessibility inequity in metropolitan areas. The methodology is based on the classic analysis tools of Lorenz curves and Gini indices, but the novelty resides in the fact that it can be…

Computers and Society · Computer Science 2022-06-22 Amirhesam Badeanlou , Andrea Araldo , Marco Diana

Statistics experiences a storm around the perceived misuse and possible abuse of its methods in the context of the so-called reproducibility crisis. The methods and styles of quantification practiced in mathematical modelling rarely make it…

Methodology · Statistics 2019-08-20 Andrea Saltelli

The physics of supersymmetry is reviewed from the perspective of physics at ever increasing energies. Starting from the minimal supersymmetric extension of the Standard Model at the electroweak scale, we proceed to higher energies seeking…

High Energy Physics - Phenomenology · Physics 2016-09-01 J. Lopez

Many issues combine for consideration when speaking of Bell's Inequalities: nonlocality, realism, hidden variables, incompatible measures, wave function collapse, other. Each of these issues then may be viewed from several viewpoints:…

Quantum Physics · Physics 2007-05-23 Karl Gustafson

The application of classical methods of statistical mechanics, originally developed by Ludwig Boltzmann in gas dynamics, to the description of social phenomena is a successful story that we try to outline in this paper. On one hand, it is…

Statistical Mechanics · Physics 2020-10-29 Martina Fraia , Andrea Tosin

In this article, we discuss a dynamical stochastic model that represents the time evolution of income distribution of a population, where the dynamics develop from an interplay of multiple economic exchanges in the presence of…

Economics · Quantitative Finance 2017-02-28 Maria Letizia Bertotti , Amit K Chattopadhyay , Giovanni Modanese

Urban agglomerations are constantly and rapidly evolving ecosystems, with globalization and increasing urbanization posing new challenges in sustainable urban development well summarized in the United Nations' Sustainable Development Goals…

Computers and Society · Computer Science 2022-12-16 Massimiliano Luca , Gian Maria Campedelli , Simone Centellegher , Michele Tizzoni , Bruno Lepri

A number of methods have been introduced in order to measure the inequality in various situations such as income and expenditure. In order to curry out statistical inference, one often needs to estimate the available measures of inequality.…

Methodology · Statistics 2017-12-27 Tchilabalo Abozou Kpanzou , Tertius de Wet , Gane Samb Lo

This essay is the first systematic account of causal relationships between measurement instruments and the data they elicit in the social sciences. This problem of reflexive measurement is pervasive and profoundly affects social scientific…

Physics and Society · Physics 2022-08-15 James Michelson

There are three levels of description in classical statistical mechanics, the microscopic/dynamic, the macroscopic/statistical and the thermodynamic. At one end there is a well-used concept of equilibrium in thermodynamics and at the other…

Statistical Mechanics · Physics 2007-05-23 D. A. Lavis

In the systems showing critical behavior, various response functions have a singularity at the critical point. Therefore, as the driving field is tuned towards its critical value, the response functions change drastically, typically…

Statistical Mechanics · Physics 2023-09-26 Soumyaditya Das , Soumyajyoti Biswas

Linear stochastic models and discretized kinetic theory are two complementary analytical techniques used for the investigation of complex systems of economic interactions. The former employ Langevin equations, with an emphasis on stock…

General Finance · Quantitative Finance 2017-02-10 M. L. Bertotti , A. K. Chattopadhyay , G. Modanese

This paper tries to tell the story of the general linear model, which saw the light of day 200 years ago, and the assumptions underlying it. We distinguish three principal stages (ignoring earlier more isolated instances). The model was…

Statistics Theory · Mathematics 2008-12-18 E. L. Lehmann

Microscopic models describing a whole of economic interactions in a closed society are considered. The presence of a tax system combined with a redistribution process is taken into account, as well as the occurrence of tax evasion. In…

General Finance · Quantitative Finance 2017-01-11 M. L. Bertotti , G. Modanese

Throughout quantum mechanics there is statistical balance, in the collective response of an ensemble of systems to differing measurement types. Statistical balance is a core feature of quantum mechanics, underlying quantum mechanical…

Quantum Physics · Physics 2022-10-31 Brian Drummond

Social networks have been widely studied over the last century from multiple disciplines to understand societal issues such as inequality in employment rates, managerial performance, and epidemic spread. Today, these and many more issues…

Social and Information Networks · Computer Science 2023-06-21 Lisette Espín-Noboa , Tiago Peixoto , Fariba Karimi
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