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We introduce a mean-field type approximation for description of company's income statistics. Utilizing huge company data we show that a discrete version of Langevin equation with additive and multiplicative noises can appropriately describe…

Statistical Mechanics · Physics 2015-06-24 Takayuki Mizuno , Misako Takayasu , Hideki Takayasu

In this paper,we consider the restless bandit problem, which is one of the most well-studied generalizations of the celebrated stochastic multi-armed bandit problem in decision theory. However, it is known be PSPACE-Hard to approximate to…

Machine Learning · Computer Science 2011-04-29 Quan Liu , Kehao Wang , Lin Chen

In this paper we develop a procedure to deal with a family of parameter-dependent ill-posed problems, for which the exact solution in general does not exist. The original problems are relaxed by considering corresponding approximate ones,…

Analysis of PDEs · Mathematics 2022-06-29 Martin Lazar , Enrique Zuazua

Classical rich-get-richer models have found much success in being able to broadly reproduce the statistics and dynamics of diverse real complex systems. These rich-get-richer models are based on classical urn models and unfold step-by-step…

Physics and Society · Physics 2018-07-04 David Rushing Dewhurst , Christopher M. Danforth , Peter Sheridan Dodds

A mere hyperbolic law, like the Zipf's law power function, is often inadequate to describe rank-size relationships. An alternative theoretical distribution is proposed based on theoretical physics arguments starting from the Yule-Simon…

Data Analysis, Statistics and Probability · Physics 2017-08-29 Marcel Ausloos , Roy Cerqueti

We empirically analyze a simple heuristic for large sparse set cover problems. It uses the weighted greedy algorithm as a basic building block. By multiplicative updates of the weights attached to the elements, the greedy solution is…

Data Structures and Algorithms · Computer Science 2020-10-30 Marc Alexa

In this communication, some economic models given by functional mappings are addressed. These are models for random markets where agents trade by pairs and exchange their money in a random and conservative way. They display the exponential…

Trading and Market Microstructure · Quantitative Finance 2014-07-25 Ricardo Lopez-Ruiz , Elyas Shivanian , Jose-Luis Lopez

The law of proportionate growth simply states that the time dependent change of a quantity $x$ is proportional to $x$. Its applicability to a wide range of dynamic phenomena is based on various assumptions for the proportionality factor,…

Physics and Society · Physics 2019-09-04 Frank Schweitzer

Zipf's law in language lacks a definitive origin, debated across fields. This study explains Zipf-like behavior using geometric mechanisms without linguistic elements. The Full Combinatorial Word Model (FCWM) forms words from a finite…

Methodology · Statistics 2025-11-27 Vladimir Berman

Stochastic equations constitute a major ingredient in many branches of science, from physics to biology and engineering. Not surprisingly, they appear in many quantitative studies of complex systems. In particular, this type of equation is…

Physics and Society · Physics 2023-08-02 Marc Barthelemy

Greedy algorithms are central to sparse approximation and stage-wise learning methods such as matching pursuit and boosting. It is known that the Power-Relaxed Greedy Algorithm with step sizes $m^{-\alpha}$ may fail to converge when…

Machine Learning · Computer Science 2026-03-10 Pablo M. Berná

Recent researches on complex systems highlighted the so-called super-linear growth phenomenon. As the system size $P$ measured as population in cities or active users in online communities increases, the total activities $X$ measured as GDP…

Physics and Society · Physics 2012-12-21 Jiang Zhang

Some general features of kinetic multi-agent models are reviewed, with particular attention to the relation between the agent saving propensities and the form of the equilibrium wealth distribution. The effect of a finite cutoff of the…

Physics and Society · Physics 2013-03-19 Marco Patriarca , Anirban Chakraborti , Guido Germano

We analyse the statistical properties of public transport networks. These networks are defined by a set of public transport routes (bus lines) and the stations serviced by these. For larger networks these appear to possess a scale-free…

Disordered Systems and Neural Networks · Physics 2007-05-23 C. von Ferber , Yu. Holovatch , V. Palchykov

We consider parametrized linear-quadratic optimal control problems and provide their online-efficient solutions by combining greedy reduced basis methods and machine learning algorithms. To this end, we first extend the greedy control…

Optimization and Control · Mathematics 2023-07-31 Hendrik Kleikamp , Martin Lazar , Cesare Molinari

We investigate a model of stratified economic interactions between agents when the notion of spatial location is introduced. The agents are placed on a network with near-neighbor connections. Interactions between neighbors can occur only if…

Physics and Society · Physics 2015-05-20 J. L. Herrera , M. G. Cosenza , K. Tucci

We propose and study a simple model of dynamical redistribution of capital in a diversified portfolio. We consider a hypothetical situation of a portfolio composed of N uncorrelated stocks. Each stock price follows a multiplicative random…

Statistical Mechanics · Physics 2015-06-25 Matteo Marsili , Sergei Maslov , Yi-Cheng Zhang

We study size and growth distributions of products and business firms in the context of a given industry. Firm size growth is analyzed in terms of two basic mechanisms, i.e. the increase of the number of new elementary business units and…

Condensed Matter · Physics 2009-11-10 G. De Fabritiis , F. Pammolli , M. Riccaboni

The spatial distribution of people exhibits clustering across a wide range of scales, from household ($\sim 10^{-2}$ km) to continental ($\sim 10^4$ km) scales. Empirical data indicates simple power-law scalings for the size distribution of…

Physics and Society · Physics 2016-03-23 Henry W. Lin , Abraham Loeb

We investigate steady states of a quasilinear first order hyperbolic partial integro-differential equation. The model describes the evolution of a hierarchical structured population with distributed states at birth. Hierarchical…

Analysis of PDEs · Mathematics 2019-03-25 J. Z. Farkas , P. Hinow