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We attempt to explain stock market dynamics in terms of the interaction among three variables: market price, investor opinion and information flow. We propose a framework for such interaction and apply it to build a model of stock market…

General Finance · Quantitative Finance 2014-09-23 Maxim Gusev , Dimitri Kroujiline , Boris Govorkov , Sergey V. Sharov , Dmitry Ushanov , Maxim Zhilyaev

We introduce and analyze a model for the transport of particles or energy in extended lattice systems. The dynamics of the model acts on a discrete phase space at discrete times but has nonetheless some of the characteristic properties of…

Mathematical Physics · Physics 2015-06-12 Raphael Lefevere

In this paper, we mathematically formulate the interaction and dynamics of a hierarchical complex social system where each agent is seen as an array of many variables. The formation of identities and modifications can be studied by using…

Physics and Society · Physics 2009-12-23 Fariel Shafee

Collective behavior of the complex socio-economic systems is heavily influenced by the herding, group, behavior of individuals. The importance of the herding behavior may enable the control of the collective behavior of the individuals. In…

Physics and Society · Physics 2014-04-03 Aleksejus Kononovicius , Vygintas Gontis

We present a strategy for mapping the dynamics of a fermionic quantum system to a set of classical dynamical variables. The approach is based on imposing the correspondence relation between the commutator and the Poisson bracket, preserving…

Quantum Physics · Physics 2020-09-29 Amikam Levy , Wenjie Dou , Eran Rabani , David T. Limmer

We present a simple derivation of a Feynman-Kac type formula to study fermionic systems. In this approach the real time or the imaginary time dynamics is expressed in terms of the evolution of a collection of Poisson processes. A computer…

Condensed Matter · Physics 2009-10-31 Matteo Beccaria , Carlo Presilla , Gian Fabrizio De Angelis , Giovanni Jona-Lasinio

The stochastic dynamics of the multi-state voter model is investigated on a class of complex networks made of non-overlapping cliques, each hosting a political candidate and interacting with the others via Erd\H{o}s-R\'enyi links. Numerical…

Physics and Society · Physics 2014-06-10 Filippo Palombi , Simona Toti

The work performed on a system in a microcanonical state by changes in a control parameter is characterized in terms of its statistics. The transition probabilities between eigenstates of the system Hamiltonians at the beginning and the end…

Statistical Mechanics · Physics 2014-01-21 Peter Talkner , Manuel Morillo , Juyeon Yi , Peter Hanggi

Derivation of reduced order representations of dynamical systems requires the modeling of the truncated dynamics on the retained dynamics. In its most general form, this so-called closure model has to account for memory effects. In this…

Dynamical Systems · Mathematics 2020-06-12 Shaowu Pan , Karthik Duraisamy

The dynamics of market prices is described as the evolution of opinions in the trading community regarding future market behavior. The price then is a function of the voting process of the market players in favor to raise or reduce the…

Statistical Finance · Quantitative Finance 2015-03-31 Elad Oster , Alexander Feigel

The meaning of time in an open quantum system is considered under the assumption that both, system and environment, are quantum mechanical objects. The Hamilton operator of the system is non-Hermitian. Its imaginary part is the time…

Quantum Physics · Physics 2012-06-11 Ingrid Rotter

Considering an $N$-level system interacting factorizably with a continuous spectrum, we derive analytical expressions for the bound states and the dynamical evolution within this single-excitation Friedrichs model by using the projection…

Quantum Physics · Physics 2025-12-22 Jia-Ming Zhang , Yu Xin , Bing Chen

We consider the thermodynamic approach to the description of economic systems and processes. The first and second laws of thermodynamics as applied to economic systems are derived and analyzed. It is shown that there is a deep analogy…

General Finance · Quantitative Finance 2021-02-03 Sergey Rashkovskiy

We investigate the probability distribution of the quantum fluctuations of thermodynamic functions of finite, ballistic, phase-coherent Fermi gases. Depending on the chaotic or integrable nature of the underlying classical dynamics, on the…

Mesoscale and Nanoscale Physics · Physics 2009-11-07 P. Leboeuf , A. G. Monastra

Opinion dynamics is nowadays a very common field of research. In this article we formulate and then study a novel, namely strategic perspective on such dynamics: There are the usual normal agents that update their opinions, for instance…

Optimization and Control · Mathematics 2015-03-09 Rainer Hegselmann , Stefan König , Sascha Kurz , Christoph Niemann , Jörg Rambau

We present numerical simulations of a model of social influence, where the opinion of each agent is represented by a binary vector. Agents adjust their opinions as a result of random encounters, whenever the difference between opinions is…

Statistical Mechanics · Physics 2009-11-10 M. F. Laguna , Guillermo Abramson , Damian H. Zanette

Based on criteria of mathematical simplicity and consistency with empirical market data, a model with volatility driven by fractional noise has been constructed which provides a fairly accurate mathematical parametrization of the data.…

Statistical Finance · Quantitative Finance 2010-08-31 R. Vilela Mendes

We propose and study a system whose dynamics are governed by predictions of its future states. General formalism and concrete examples are presented. We find that the dynamical characteristics depend on both how to shape predictions as well…

Other Condensed Matter · Physics 2007-05-23 Toru Ohira

We consider a macroscopic quantum system such as a qubit, interacting with a bath of fermions as in the Fr\"ohlich polaron model. The interaction Hamiltonian is thus linear in the macroscopic system variable, and bilinear in the fermions.…

Quantum Physics · Physics 2020-07-16 Erik Aurell , Jan Tuziemski

High-dimensional dynamical systems projected onto a reduced-order model cease to be deterministic and are best described by probability distributions in state space. Their equations of motion map onto an evolution operator with a…

Fluid Dynamics · Physics 2024-11-20 Javier Jiménez
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