Related papers: Economic Hysteresis and Its Mathematical Modeling
This two-part paper presents a new approach to predictive analysis for social processes. In Part I, we begin by identifying a class of social processes which are simultaneously important in applications and difficult to predict using…
Hysteresis is a special type of behavior encountered in physical systems: in a hysteretic system, when the input is periodic and varies slowly, the steady-state part of the output-versus-input graph becomes a loop called hysteresis loop. In…
In this work, we integrate theoretical modeling, molecular simulation, and empirical analysis to identify and characterize evolutionary hysteresis. We first show how epistatic interactions create bistable fitness landscapes and structural…
Economics has long been a science of static equilibria, in which time is a second-order rather than first-order concern. Without time, economic modelers may neglect or obscure the role of time-dependent phenomena, e.g. path-dependency, and…
The hysteresis or internal friction in the deformation of crystalline solids stressed cyclically is studied from the viewpoint of collective dislocation dynamics. Stress-controlled simulations of a dislocation dynamics model at various…
Experiments on decision making under uncertainty are known to display a classical pattern of risk aversion and risk seeking referred to as "fourfold pattern" (or "reflection effect") , but recent experiments varying the speed and order of…
Models that explain the economical and political realities of nowadays societies should help all the world's citizens. Yet, the last four years showed that the current models are missing. Here we develop a dynamical society-deciders model…
Many systems of interest exhibit nested emergent layers with their own rules and regularities, and our knowledge about them seems naturally organised around these levels. This paper proposes that this type of hierarchical emergence arises…
The Landau-Lifshitz equation describes the behaviour of magnetization inside a ferromagnetic object. It is known that the Landau-Lifshitz equation has an infinite number of stable equilibrium points. The existence of multiple stable…
This contribution aims at introducing first steps to develop hysteresis operator type inelastic constitutive laws for Cosserat rods for the simulation of cables composed of complex interior components. Motivated by the basic elements of…
In this work we tackle a kinetic-like model of opinions dynamics in a networked population endued with a quenched plurality and polarization. Additionally, we consider pairwise interactions that are restrictive, which is modeled with a…
A simple, but ``classical``, stochastic model for epidemic spread in a finite, but large, population is studied. The progress of the epidemic can be divided into three different phases that requires different tools to analyse. Initially the…
Bayesian hierarchical models are increasing popular in economics. When using hierarchical models, it is useful not only to calculate posterior expectations, but also to measure the robustness of these expectations to reasonable alternative…
We investigate, at the fundamental level, the questions of `why', `when' and `how' one could or should reach out to poor and vulnerable people to support them in the absence of governmental institutions. We provide a simple and new approach…
A microscopic approach to macroeconomic features is intended. A model for macroeconomic behavior under heterogeneous spatial economic conditions is reviewed. A birth-death lattice gas model taking into account the influence of an economic…
Growing evidence suggests that the macroscopic functional states of urban road networks exhibit multistability and hysteresis, but microscopic mechanisms underlying these phenomena remain elusive. Here, we demonstrate that in real-world…
Hysteresis, the lag between the force and the response, is often associated with noisy, jerky motion which have recently been called ``avalanches''. The interesting question is why the avalanches come in such a variety of sizes: naively one…
Traditional statistical inference considers relatively small data sets and the corresponding theoretical analysis focuses on the asymptotic behavior of a statistical estimator when the number of samples approaches infinity. However, many…
Griffiths phases are typically associated with quenched disorder, while frustration gives rise to multistability and spin-glass behavior. Whether extended criticality can arise in other contexts remains an open question. Here, we show that…
Meta-analysis employs statistical techniques to synthesize the results of individual studies, providing an estimate of the overall effect size for a specific outcome of interest. The direction and magnitude of this estimate, along with its…