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Complex systems with global interactions tend to be stable if interactions between components are sufficiently homogeneous. In biological systems, which often have small copy numbers and interactions mediated by diffusing agents, noise and…

Biological Physics · Physics 2023-04-14 Fabrizio Olmeda , Steffen Rulands

Real-world systems are characterized by complex interactions of their internal degrees of freedom, while living in ever-changing environments whose net effect is to act as additional couplings. Here, we introduce a paradigmatic interacting…

Statistical Mechanics · Physics 2021-11-23 Giorgio Nicoletti , Daniel Maria Busiello

We report a similarity of fluctuations in equilibrium critical phenomena and non-equilibrium systems, which is based on the concept of natural time. The world-wide seismicity as well as that of San Andreas fault system and Japan are…

Geophysics · Physics 2007-05-23 P. A. Varotsos , N. V. Sarlis , H. K. Tanaka , E. S. Skordas

Recent years have seen an unprecedented rise of the role that technology plays in all aspects of human activities. Unavoidably, technology has heavily entered the Capital Markets trading space, to the extent that all major exchanges are now…

Statistical Finance · Quantitative Finance 2015-05-05 Lucio Maria Calcagnile , Giacomo Bormetti , Michele Treccani , Stefano Marmi , Fabrizio Lillo

An important challenge in several disciplines is to understand how sudden changes can propagate among coupled systems. Examples include the synchronization of business cycles, population collapse in patchy ecosystems, markets shifting to a…

Physics and Society · Physics 2015-11-12 Charles D. Brummitt , George Barnett , Raissa M. D'Souza

The averaged steady-state surprisal links a driven stochastic system's information processing to its nonequilibrium thermodynamic response. By explicitly accounting for the effects of nonequilibrium steady states, a decomposition of the…

Statistical Mechanics · Physics 2023-06-07 Mikhael T. Semaan , James P. Crutchfield

While interdependent systems have usually been associated with increased fragility, we show that strengthening the interdependence between dynamical processes on different networks can make them more robust. By coupling the dynamics of…

Adaptation and Self-Organizing Systems · Physics 2017-08-09 R. K. Singh , Sitabhra Sinha

We study a simple model of an asset market with informed and non-informed agents. In the absence of non-informed agents, the market becomes information efficient when the number of traders with different private information is large enough.…

Trading and Market Microstructure · Quantitative Finance 2010-04-29 Fabio Caccioli , Matteo Marsili

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

Jaynes' information theory formalism of statistical mechanics is applied to the stationary states of open, non-equilibrium systems. The key result is the construction of the probability distribution for the underlying microscopic phase…

Statistical Mechanics · Physics 2009-10-31 Roderick C. Dewar

The observable behavior of a complex system reflects the mechanisms governing the internal interactions between the system's components and the effect of external perturbations. Here we show that by capturing the simultaneous activity of…

Disordered Systems and Neural Networks · Physics 2009-11-10 M. Argollo de Menezes , A. -L. Barabasi

In natural phenomena, data distributions often deviate from normality. One can think of cataclysms as a self-explanatory example: events that occur almost never, and at the same time are many standard deviations away from the common…

Machine Learning · Computer Science 2022-12-16 Nuno Costa , Nuno Moniz

Prices in financial markets exhibit extreme jumps far more often than can be accounted for by external news. Further, magnitudes of price changes are correlated over long times. These so called stylized facts are quantified by scaling laws…

Trading and Market Microstructure · Quantitative Finance 2016-05-04 Felix Patzelt , Klaus Pawelzik

Instabilities of equilibrium quantum mechanics are common and well-understood. They are manifested for example in phase transitions, where a quantum system becomes so sensitive to perturbations that a symmetry can be spontaneously broken.…

Quantum Physics · Physics 2015-02-27 Jasper van Wezel

Several theoretical results concerning event-by-event fluctuations are discussed: (1) a role of the global conservation laws and concept of statistical ensembles; (2) strongly intensive measures are introduced; they give a possibility to…

Nuclear Theory · Physics 2015-05-18 Mark I. Gorenstein

Robustness to perturbation is a key topic in the study of complex systems occurring across a wide variety of applications from epidemiology to biochemistry. Here we analyze the eigenspectrum of the Jacobian matrices associated to a general…

Adaptation and Self-Organizing Systems · Physics 2025-12-11 Shraosi Dawn , Subrata Ghosh , Chandrakala Meena , Tim Rogers , Chittaranjan Hens

We introduce a simple dynamical model of two interacting communities whose elements are subject to stochastic discrete-time updates governed by only bilinear interactions. When the intra- and inter-couplings are cooperative, the two…

Disordered Systems and Neural Networks · Physics 2014-10-29 M. Ostilli , W. Figueiredo

In many complex systems, large events are believed to follow power-law, scale-free probability distributions, so that the extreme, catastrophic events are unpredictable. Here, we study coupled chaotic oscillators that display extreme…

We develop a model for point processes on the real line, where the intensity can be locally unbounded without inducing an explosion. In contrast to an orderly point process, for which the probability of observing more than one event over a…

Econometrics · Economics 2026-01-16 Kim Christensen , Alexei Kolokolov

A celebrated and controversial hypothesis conjectures that some biological systems --parts, aspects, or groups of them-- may extract important functional benefits from operating at the edge of instability, halfway between order and…

Statistical Mechanics · Physics 2018-08-01 Miguel A. Munoz
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