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The Lotka-Volterra (LV) model is a simple, robust, and versatile model used to describe large interacting systems such as food webs or microbiomes. The model consists of $n$ coupled differential equations linking the abundances of $n$…

Populations and Evolution · Quantitative Biology 2024-08-28 Maxime Clenet , François Massol , Jamal Najim

We present here a general framework, expressed by a system of nonlinear differential equations, suitable for the modelling of taxation and redistribution in a closed (trading market) society. This framework allows to describe the evolution…

Physics and Society · Physics 2011-09-06 Maria Letizia Bertotti , Giovanni Modanese

Diffusion-coagulation can be simply described by a dynamic where particles perform a random walk on a lattice and coalesce with probability unity when meeting on the same site. Such processes display non-equilibrium properties with strong…

Statistical Mechanics · Physics 2018-03-13 L. Turban , J. -Y. Fortin

This paper develops a method to derive optimal portfolios and risk premia explicitly in a general diffusion model for an investor with power utility and a long horizon. The market has several risky assets and is potentially incomplete.…

Probability · Mathematics 2012-03-08 Paolo Guasoni , Scott Robertson

The recent book by T. Piketty (Capital in the Twenty-First Century) promoted the important issue of wealth inequality. In the last twenty years, physicists and mathematicians developed models to derive the wealth distribution using discrete…

Probability · Mathematics 2021-07-19 Bertram Düring , Nicos Georgiou , Enrico Scalas

We introduce and discuss optimal control strategies for kinetic models for wealth distribution in a simple market economy, acting to minimize the variance of the wealth density among the population. Our analysis is based on a finite time…

Physics and Society · Physics 2018-10-25 Bertram Düring , Lorenzo Pareschi , Giuseppe Toscani

We study a risk-sharing economy where an arbitrary number of heterogenous agents trades an arbitrary number of risky assets subject to quadratic transaction costs. For linear state dynamics, the forward-backward stochastic differential…

General Finance · Quantitative Finance 2020-11-30 Johannes Muhle-Karbe , Xiaofei Shi , Chen Yang

We present and analyze a model for the evolution of the wealth distribution within a heterogeneous economic environment. The model considers a system of rational agents interacting in a game theoretical framework, through fairly general…

General Finance · Quantitative Finance 2015-06-16 Pierre Degond , Jian-Guo Liu , Christian Ringhofer

We model the growth, dispersal and mutation of two phenotypes of a species using reaction-diffusion equations, focusing on the biologically realistic case of small mutation rates. After verifying that the addition of a small linear mutation…

Analysis of PDEs · Mathematics 2017-09-19 Aled Morris , Luca Börger , Elaine Crooks

The two-species population dynamics model is the simplest paradigm of interspecies interaction. Here, we include intraspecific competition to the Lotka-Volterra model and solve it analytically. Despite being simple and thoroughly studied,…

Populations and Evolution · Quantitative Biology 2015-03-17 Brenno Caetano Troca Cabella , Alexandre Souto Martinez , Fabiano Ribeiro

Many growing phenomena in both nature and society can be predicted with sigmoid function. The growth curve of the level of urbanization is a typical S-shaped one, and can be described by using logistic function. The logistic model implies a…

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

The conservative wealth-exchange process derived from trade interactions is modeled as a multiplicative stochastic transference of value, where each interaction multiplies the wealth of the poorest of the two intervening agents by a random…

General Finance · Quantitative Finance 2015-05-30 Cristian F. Moukarzel

We study a lattice model of ``commons'', where a resource is shared locally among the agents of various cooperative tendency. The payoff function of an agent is proportional to the fraction of his operation rate and the net output of the…

Statistical Mechanics · Physics 2007-05-23 Agha Afsar Ali

In this note, we study the long time behavior of Lotka-Volterra systems whose coefficients vary randomly. Benam and Lobry established that randomly switching between two environments that are both favorable to the same species may lead to…

Probability · Mathematics 2016-07-18 Florent Malrieu , Tran Hoa Phu

From the data analysis we defined distribution function against the population on the level of various structure units, namely regions, federal districts and the country on the whole. We have studied peculiarities of the distribution…

Physics and Society · Physics 2008-06-12 B. R. Gadjiev , M. A. Korolev , T. B. Progulova

We consider a broad class of stochastic lattice predator-prey models, whose main features are overviewed. In particular, this article aims at drawing a picture of the influence of spatial fluctuations, which are not accounted for by the…

Populations and Evolution · Quantitative Biology 2011-12-20 Mauro Mobilia , Ivan T. Georgiev , Uwe C. Tauber

Ecological resilience refers to the ability of a system to retain its state when subject to state variables perturbations or parameter changes. While understanding and quantifying resilience is crucial to anticipate the possible regime…

Dynamical Systems · Mathematics 2019-05-10 Artur César Fassoni , Denis de Carvalho Braga

In this paper, a class of reaction-diffusion equations for Multiple Sclerosis is presented. These models are derived by means of a diffusive limit starting from a proper kinetic description, taking account of the underlying microscopic…

Quantitative Methods · Quantitative Biology 2026-01-07 Marzia Bisi , Maria Groppi , Giorgio Martalò , Romina Travaglini

In this paper, we study some qualitative properties for an evolution problem that combines local and nonlocal diffusion operators acting in two different subdomains and, coupled in such a way that, the resulting evolution problem is the…

Analysis of PDEs · Mathematics 2020-03-05 Bruna C. dos Santos , Sergio M. Oliva , Julio D. Rossi

We propose a probabilistic cellular automata model for the spread of innovations, rumors, news, etc. in a social system. The local rule used in the model is outertotalistic, and the range of interaction can vary. When the range R of the…

adap-org · Physics 2008-02-03 Henryk Fuks , Nino Boccara
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