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We formulate thermodynamics of economic systems in terms of an arbitrary probability distribution for a conserved economic quantity. As in statistical physics, thermodynamic macroeconomic variables emerge as the mean value of microeconomic…

Statistical Finance · Quantitative Finance 2011-05-26 H. Quevedo , M. N. Quevedo

Bootstrap percolation provides an emblematic instance of phase behavior characterised by an abrupt transition with diverging critical fluctuations. This unusual hybrid situation generally occurs in particle systems in which the occupation…

Statistical Mechanics · Physics 2015-02-06 Giorgio Parisi , Mauro Sellitto

A key feature of the classical Fluctuation Dissipation theorem is its ability to approximate the average response of a dynamical system to a sufficiently small external perturbation from an appropriate time correlation function of the…

Mathematical Physics · Physics 2019-10-02 Rafail V. Abramov

Motion of particles (bodies) in presence of random effects can be considered stochastic process. However, application of widely known stochastic processes used for description of particle motion is reduced to relatively small class of…

General Physics · Physics 2022-04-14 Jiri Prochazka

Many natural systems exhibit phase transition where external environmental conditions spark a shift to a new and sometimes quite different state. Therefore, detecting the behavior of a stochastic dynamic system such as the most probable…

Optimization and Control · Mathematics 2023-03-02 Jianyu Chen , Ting Gao , Yang Li , Jinqiao Duan

Nonlinear dynamical systems may be exposed to tipping points, critical thresholds at which small changes in the external inputs or in the systems parameters abruptly shift the system to an alternative state with a contrasting dynamical…

Chaotic Dynamics · Physics 2016-10-07 Everton S. Medeiros , Iberê L. Caldas , Murilo S. Baptista , Ulrike Feudel

We introduce the notion of a quasistatic dynamical system, which generalizes that of an ordinary dynamical system. Quasistatic dynamical systems are inspired by the namesake processes in thermodynamics, which are idealized processes where…

Dynamical Systems · Mathematics 2016-05-18 Neil Dobbs , Mikko Stenlund

In literature on stochastic thermodynamics it is stated that for a system connected to multiple thermal reservoirs, the transition rates between two energy levels equals the sum of transition rates corresponding to each thermal bath the…

Statistical Mechanics · Physics 2024-07-31 Vaibhav Wasnik

A stochastic system of particles is considered in which the sizes of the particles increase by successive binary mergers with the constraint that each coagulation event involves a particle with minimal size. Convergence of a suitably…

Probability · Mathematics 2011-10-31 Anne-Laure Basdevant , Philippe Laurencot , James R. Norris , Clement Rau

Intermittent large amplitude events are seen in the temporal evolution of a state variable of many dynamical systems. Such intermittent large events suddenly start appearing in dynamical systems at a critical value of a system parameter and…

Noise induced jumping between meta-stable states in a potential depends on the structure of the noise. For an $\alpha$-stable noise, jumping triggered by single extreme events contributes to the transition probability. This is also called…

Data Analysis, Statistics and Probability · Physics 2009-10-31 P. D. Ditlevsen

A sudden transition to a state of high amplitude limit cycle oscillations is catastrophic in a thermo-fluid system. Conventionally, upon varying the control parameter, a sudden transition is observed as an abrupt jump in the amplitude of…

Maximum-entropy ensembles are key primitives in statistical mechanics from which thermodynamic properties can be derived. Over the decades, several approaches have been put forward in order to justify from minimal assumptions the use of…

Quantum Physics · Physics 2018-03-13 Paul Boes , Henrik Wilming , Jens Eisert , Rodrigo Gallego

Two mathematical mechanisms, responsible for the generation of a thermodynamic singularity, are individuated. For a class of short-range, confining potentials, a topology change in some family of configuration space submanifolds is the only…

Statistical Mechanics · Physics 2008-11-26 Michael Kastner

In this work, we study the nature of transitions between inherent structures of a two-dimensional model supercooled liquid. We demonstrate that these transitions occur predominately along a small number of directions on the energy…

Statistical Mechanics · Physics 2013-03-12 Glen M. Hocky , David R. Reichman

Stochastic dynamics is generated by a matrix of transition probabilities. Certain eigenvectors of this matrix provide observables, and when these are plotted in the appropriate multi-dimensional space the phases (in the sense of phase…

Statistical Mechanics · Physics 2007-11-08 B. Gaveau , L. S. Schulman

In biology and ecology, individuals or communities of individuals living in unpredictable environments often alternate between different evolutionary strategies to spread and reduce risks. Such behavior is commonly referred to as…

Populations and Evolution · Quantitative Biology 2015-03-11 Jorge Hidalgo , Simone Pigolotti , Miguel A. Munoz

We study correlated switchings of superconducting nanobridge probed with train of current pulses. For pulses with low repetition rate each pulse transits the superconducting bridge to normal state with probability $P$ independent of the…

Superconductivity · Physics 2021-07-21 Maciej Zgirski , Marek Foltyn , Alexander Savin , Konrad Norowski

Stochastic dynamical systems arise as models for fluid particle motion in geophysical flows with random velocity fields. Escape probability (from a fluid domain) and mean residence time (in a fluid domain) quantify fluid transport between…

Dynamical Systems · Mathematics 2025-10-20 Jinqiao Duan , James R. Brannan , Vincent J. Ervin

We study the effect of correlation on the direction of particle exchange between local thermal sub-systems where the total system is isolated. Our focus is the situation where both sub-systems have the same temperature but different…

Quantum Physics · Physics 2023-02-15 Sirawit Kajonsombat , Isara Chantesana , Tanapat Deesuwan