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We review limiting models for fracture in bundles of fibers, with statistically distributed thresholds for breakdown of individual fibers. During the breakdown process, avalanches consisting of simultaneous rupture of several fibers occur,…

Statistical Mechanics · Physics 2009-10-30 M. Kloster , A. Hansen , P. C. Hemmer

In this paper, the recurrent events that can occur more than one over the follow-up time have been modeled by phase-type distributions. We use the finite-state continuous-time Markov process with multi states for patients with recurrent…

Methodology · Statistics 2022-01-26 Roufeh Asghari , Amin Hassan Zadeh

The occurrence of aftershocks following a major financial crash manifests the critical dynamical response of financial markets. Aftershocks put additional stress on markets, with conceivable dramatic consequences. Such a phenomenon has been…

Statistical Finance · Quantitative Finance 2012-09-21 Fulvio Baldovin , Francesco Camana , Michele Caraglio , Attilio L. Stella , Marco Zamparo

We investigate exceedances of the process over a sufficiently high threshold. The exceedances determine the risk of hazardous events like climate catastrophes, huge insurance claims, the loss and delay in telecommunication networks. Due to…

Statistics Theory · Mathematics 2017-10-03 Natalia Markovich

The analysis of standardized low cycle fatigue (LCF) experiments shows that the failure times widely scatter. Furthermore, mechanical components often fail before the deterministic failure time is reached. A possibility to overcome these…

Materials Science · Physics 2022-07-07 M. Harder , P. Lion , L. Mäde , T. Beck , H. Gottschalk

In this paper, a general stochastic model with controls applied at the moments when the random process hits the boundary of a given subset of the state set is proposed and studied. The general concept of the model is formulated and its…

Optimization and Control · Mathematics 2019-06-27 P. V. Shnurkov

This article gives a probabilistic overview of the widely used method of default probability estimation proposed by K. Pluto and D. Tasche. There are listed detailed assumptions and derivation of the inequality where the probability of…

Risk Management · Quantitative Finance 2024-01-26 Andrius Grigutis

The probability distribution of the proper delay times during scattering on a chaotic system is derived in the framework of the random matrix approach and the supersymmetry method. The result obtained is valid for an arbitrary number of…

Disordered Systems and Neural Networks · Physics 2007-05-23 Hans-Juergen Sommers , Dmitry V. Savin , Valentin V. Sokolov

We study the dynamical stability of stationary galactic spiral shocks. The steady-state equilibrium flow contains a shock of the type derived by Roberts in the tightly wound approximation. We find that boundary conditions are critical in…

Astrophysics of Galaxies · Physics 2017-08-23 Mattia C. Sormani , Emanuele Sobacchi , Steven N. Shore , Robin G. Tress , Ralf S. Klessen

As economic entities become increasingly interconnected, a shock in a financial network can provoke significant cascading failures throughout the system. To study the systemic risk of financial systems, we create a bi-partite banking…

General Finance · Quantitative Finance 2013-03-11 Xuqing Huang , Irena Vodenska , Shlomo Havlin , H. Eugene Stanley

We develop an analytic framework to understand fragmentation in turbulent, self-gravitating media. Previously, we showed some properties of turbulence can be predicted with the excursion-set formalism. Here, we generalize to fully…

Cosmology and Nongalactic Astrophysics · Physics 2013-07-02 Philip F. Hopkins

We propose an interacting particle system to model the evolution of a system of banks with mutual exposures. In this model, a bank defaults when its normalized asset value hits a lower threshold, and its default causes instantaneous losses…

Probability · Mathematics 2017-05-03 Sergey Nadtochiy , Mykhaylo Shkolnikov

The failure probabilities or the strength distributions of heterogeneous 1D systems with continuous local strength distribution and local load sharing have been studied using a simple, exact, recursive method. The fracture behavior depends…

Disordered Systems and Neural Networks · Physics 2009-10-31 B. Q. Wu , P. L. Leath

When an isolated quantum system is driven out of equilibrium, expectation values of general observables start oscillating in time. This article reviews the general theory of such temporal fluctuations. We first survey some results on the…

Statistical Mechanics · Physics 2015-09-02 Lorenzo Campos Venuti , Paolo Zanardi

Disordered systems are characterized by the existence of many sample- dependent local energy minima, that cause a stepwise response when the system is perturbed. In this article we use an approach based on elementary probabilistic methods…

Disordered Systems and Neural Networks · Physics 2017-03-08 Silvio Franz , Stefano Spigler

The possibility to study intermittency in a single event of high multiplicity is investigated in the framework of the $\alpha-$model. It is found that, for cascade long enough, the dispersion of intermittency exponents obtained from…

High Energy Physics - Phenomenology · Physics 2009-10-28 A. Bialas , B. Ziaja

Modern distributed systems rely on consensus protocols to build a fault-tolerant-core upon which they can build applications. Consensus protocols are correct under a specific failure model, where up to $f$ machines can fail. We argue that…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-02-13 Reginald Frank , Soujanya Ponnapalli , Octavio Lomeli , Neil Giridharan , Marcos K Aguilera , Natacha Crooks

Let $X_1,X_2,\ldots $ be independent random variables observed sequentially and such that $X_1,\ldots,X_{\theta-1}$ have a common probability density $p_0$, while $X_\theta,X_{\theta+1},\ldots $ are all distributed according to $p_1\neq…

Statistics Theory · Mathematics 2018-04-25 Yuri Golubev , Mher Safarian

In mechanical engineering W\"ohler plots serve to measure the average number of load cycles before materials break, as a function of the maximal stress in each cycle. Although such plots are prevalent in engineering for more than 150 years,…

Soft Condensed Matter · Physics 2022-01-10 Bhanu Prasad Bhowmik , H. G. E. Hentschel , Itamar Procaccia

In this work we deal with correlated failure time (age at onset) data arising from population-based case-control studies, where case and control probands are selected by population-based sampling and an array of risk factor measures is…

Statistics Theory · Mathematics 2007-06-13 Malka Gorfine , David M. Zucker , Li Hsu