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More than one billion data sampled with different frequencies from several financial instruments were investigated with the aim of testing whether they involve power law. As a result, a known power law with the power exponent around -4 was…

Statistical Finance · Quantitative Finance 2020-10-06 Caglar Tuncay

A mapping of nonextensive statistical mechanics into Gibbs' statistical mechanics exists, which leads to a generalization of Einstein's formula for fluctuations. A unified treatment of stability of relaxed states in nonextensive statistical…

Classical Physics · Physics 2018-01-30 Andrea Di Vita

We consider the random lasing from a weakly scattering medium and demonstrate that the distribution of the threshold gain over the ensemble of statistically independent finite-size samples is universal. Universality stems from the facts…

Disordered Systems and Neural Networks · Physics 2009-11-10 V. M. Apalkov , M. E. Raikh

The global energy fluctuations of a low density gas granular gas in the homogeneous cooling state near its clustering instability are studied by means of molecular dynamics simulations. The relative dispersion of the fluctuations is shown…

Statistical Mechanics · Physics 2009-11-10 J. Javier Brey , M. I. Garcia de Soria , P. Maynar , M. J. Ruiz-Montero

We present a stochastic model for amplifying, diffusive media like, for instance, random lasers. Starting from a simple random-walk model, we derive a stochastic partial differential equation for the energy field with contains a…

Statistical Mechanics · Physics 2013-06-11 Stefano Lepri

We introduce preferential behavior into the study on statistical mechanics of money circulation. The computer simulation results show that the preferential behavior can lead to power laws on distributions over both holding time and amount…

Physics and Society · Physics 2009-11-11 Ning Ding , Yougui Wang

A mechanism is proposed for the appearance of power law distributions in various complex systems. It is shown that in a conservative mechanical system composed of subsystems with different numbers of degrees of freedom a robust power-law…

Statistical Mechanics · Physics 2018-01-03 Anirban Chakraborti , Marco Patriarca

Power-law distributions are common, particularly in social physics. Here, we explore whether power-laws might arise as a consequence of a general variational principle for stochastic processes. We describe communities of 'social particles',…

Physics and Society · Physics 2011-12-30 G. J. Peterson , K. A. Dill

Nonextensive statistics is a formalism of statistical mechanics that describes the ocurrence of power-law distributions in complex systems, particularly the so-called $q$ exponential family of distributions. In this work we present the use…

Statistical Mechanics · Physics 2019-09-30 Haridas Umpierrez , Sergio Davis

Statistical fluctuations of the light emitted from amplifying random media are studied theoretically and numerically. The characteristic scales of the diffusive motion of light lead to Gaussian or power-law (Levy) distributed fluctuations…

From the analysis of the relaxation process of isolated lattice many-body quantum systems quenched far from equilibrium, we deduce a criterion for predicting when they are certain to thermalize. It is based on the algebraic behavior…

Statistical Mechanics · Physics 2017-01-27 Marco Távora , E. J. Torres-Herrera , Lea F. Santos

We introduce a stochastic model to explain a double power-law distribution which exhibits two different Paretian behaviors in the upper and the lower tail and widely exists in social and economic systems. The model incorporates fitness…

Physics and Society · Physics 2011-04-25 D. D. Han , J. H. Qian , Y. G. Ma

The origin of power-law distributions in self-organized criticality is investigated by treating the variation of the number of active sites in the system as a stochastic process. An avalanche is then regarded as a first-return random walk…

Statistical Mechanics · Physics 2009-11-10 C. B. Yang

Many gravitationally lensed quasars exhibit flux ratio "anomalies" that cannot be explained under the hypothesis that the lensing potential is smooth on scales smaller than one kpc. Micro-lensing by stars is a natural source of granularity…

Astrophysics · Physics 2007-05-23 Paul L. Schechter , Joachim Wambsganss

Locality imposes stringent constraints on the spreading of information in nonrelativistic quantum systems, which is reminiscent of a "light-cone," a casual structure arising in their relativistic counterparts. Long-range interactions can…

Disordered Systems and Neural Networks · Physics 2019-02-06 David J. Luitz , Yevgeny Bar Lev

The different between the inverse power function and the negative exponential function is significant. The former suggests a complex distribution, while the latter indicates a simple distribution. However, the association of the power-law…

Physics and Society · Physics 2018-12-19 Yanguang Chen

Particles floating on the surface of a turbulent incompressible fluid accumulate along string-like structures, while leaving large regions of the flow domain empty. This is reflected experimentally by a very peaked probability distribution…

Statistical Mechanics · Physics 2015-05-14 Jason Larkin , M. M. Bandi , Alain Pumir , Walter I. Goldburg

Power law is one of the the simplest forms of the relationship between different variables of a system. It leads naturally to the introduction of compound parameters describing physical properties of the system. Often one of the variables…

Materials Science · Physics 2007-05-23 Alexander M. Korsunsky

Power law distributions have been repeatedly observed in a wide variety of socioeconomic, biological and technological areas. In many of the observations, e.g., city populations and sizes of living organisms, the objects of interest evolve…

Probability · Mathematics 2009-09-29 Predrag R. Jelenkovic , Jian Tan

A multicanonical formalism is applied to the problem of statistical equilibrium in a complex system with a hierarchy of dynamical structures. At the small scales the system is in quasi-equilibrium and follows a Maxwell-Boltzmann…

Statistical Mechanics · Physics 2012-08-29 G. L. Vasconcelos , D. S. P. Salazar