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A numerical agent-based spin model of financial markets, based on the Potts model from statistical mechanics, with a novel interpretation of the spin variable (as regards financial-market models) is presented. In this model, a value of the…

Statistical Finance · Quantitative Finance 2021-04-28 Mateusz Denys

The seasonality of respiratory diseases (common cold, influenza, etc.) is a well-known phenomenon studied from ancient times. The development of predictive models is still not only an actual unsolved problem of mathematical epidemiology but…

Populations and Evolution · Quantitative Biology 2014-04-28 Eugene B. Postnikov , Dmitry V. Tatarenkov

Undulation of infection levels, usually called waves, are not well understood. In this paper we propose a mathematical model that exhibits undulation and decay towards a stable state. The model is a re-interpretation of the original…

Populations and Evolution · Quantitative Biology 2022-06-08 Niko Sauer

We investigate the evolution of epidemics over dynamical networks when nodes choose to interact with others in a selfish and decentralized manner. Specifically, we analyze the susceptible-asymptomatic-infected-recovered (SAIR) epidemic in…

Physics and Society · Physics 2021-09-28 Ashish R. Hota , Tanya Sneh , Kavish Gupta

We consider the problem of controlling the propagation of an epidemic outbreak in an arbitrary network of contacts by investing on disease awareness throughout the network. We model the effect of agent awareness on the dynamics of an…

Social and Information Networks · Computer Science 2016-11-18 Victor M. Preciado , Faryad Darabi Sahneh , Caterina Scoglio

Many models of virus propagation in Computer Networks inspired by {\bf SIS,SIR,}\\ {\bf SEIR}, etc. epidemic disease propagation mathematical models that can be found in the epidemiology field have been proposed in the last two decades. The…

Optimization and Control · Mathematics 2021-01-05 Carlos Rodriguez Lucatero

Decisions taken in our everyday lives are based on a wide variety of information so it is generally very difficult to assess what are the strategies that guide us. Stock market therefore provides a rich environment to study how people take…

General Finance · Quantitative Finance 2016-09-28 Mario Gutiérrez-Roig , Carlota Segura , Jordi Duch , Josep Perelló

A microscopic model of financial markets is considered, consisting of many interacting agents (spins) with global coupling and discrete-time thermal bath dynamics, similar to random Ising systems. The interactions between agents change…

Statistical Mechanics · Physics 2012-08-27 Andrzej Krawiecki , Janusz A. Holyst , and Dirk Helbing

In this research, we develop a framework to analyze the interaction between the economy and the Covid-19 pandemic using an extension of SIR epidemic model. At the outset, we assume there are two health related investments including general…

Optimization and Control · Mathematics 2022-02-14 Zachariah Sinkala , Vajira Manathunga , Bichaka Fayissa

Contagious processes, such as spread of infectious diseases, social behaviors, or computer viruses, affect biological, social, and technological systems. Epidemic models for large populations and finite populations on networks have been…

Optimization and Control · Mathematics 2020-04-14 Renato Pagliara , Naomi E. Leonard

In recent years, epidemic modeling in complex networks has found many applications, including modeling of information or gossip spread in online social networks, modeling of malware spread in communication networks, and the most recent…

Social and Information Networks · Computer Science 2024-11-25 Aybike Şimşek

We use generating functional analysis to study minority-game type market models with generalized strategy valuation updates that control the psychology of agents' actions. The agents' choice between trend following and contrarian trading,…

Physics and Society · Physics 2015-05-13 P. Papadopoulos , ACC. Coolen

We develop a multiple compartment Susceptible-Infected-Recovered (SIR) model to analyze the spread of several infectious diseases through different geographic areas. Additionally, we propose a data-quality sensitive optimization framework…

Populations and Evolution · Quantitative Biology 2019-06-21 Inbar Seroussi , Nir Levy , Daniela Paolotti , Nir Sochen , Elad Yom-Tov

A stochastic SIR (susceptible $\to$ infective $\to$ recovered) epidemic model defined on a social network is analysed. The underlying social network is described by an Erd\H{o}s-R\'{e}nyi random graph but, during the course of the epidemic,…

Probability · Mathematics 2020-08-17 Frank Ball , Tom Britton

In this paper we consider a model for the spread of a stochastic SIR (Susceptible $\to$ Infectious $\to$ Recovered) epidemic on a network of individuals described by a random intersection graph. Individuals belong to a random number of…

Probability · Mathematics 2014-04-29 Frank G. Ball , David J. Sirl , Pieter Trapman

This study extends classical models of spreading epidemics to describe the phenomenon of contagious public outrage, which eventually leads to the spread of violence following a disclosure of some unpopular political decisions and/or…

Physics and Society · Physics 2015-06-17 Sarwat Nizamani , Nasrullah Memon , Serge Galam

We present a dynamical theory of asset price bubbles that exhibits the appearance of bubbles and their subsequent crashes. We show that when speculative trends dominate over fundamental beliefs, bubbles form, leading to the growth of asset…

adap-org · Physics 2008-02-03 Michael Youssefmir , Bernardo Huberman , Tad Hogg

We introduce a modified SIR model with memory for the dynamics of epidemic spreading in a constant population of individuals. Each individual is in one of the states susceptible (${\bf S}$), infected (${\bf I}$) or recovered (${\bf R}$). In…

Populations and Evolution · Quantitative Biology 2022-03-03 Michael Bestehorn , Thomas M. Michelitsch , Bernard A. Collet , Alejandro P. Riascos , Andrzej F. Nowakowski

This paper proposes an approach to mitigate epidemic spread in a population of strategic agents by encouraging safer behaviors through carefully designed rewards. These rewards, which adapt to the evolving state of the epidemic, are…

Systems and Control · Electrical Eng. & Systems 2024-12-31 Shinkyu Park , Jair Certorio , Nuno C. Martins , Richard J. La

Nowadays, epidemic models provide an appropriate tool for describing the propagation of biological viruses in human or animal populations, or rumours and other kinds of information in social networks and malware in both computer and ad hoc…

Optimization and Control · Mathematics 2020-07-21 Vladislav Taynitskiy , Elena Gubar , Denis Fedyanin , Ilya Petrov , Quanyan Zhu