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We consider a class of multiplicative processes which, added with stochastic reset events, give origin to stationary distributions with power-law tails -- ubiquitous in the statistics of social, economic, and ecological systems. Our main…

Statistical Finance · Quantitative Finance 2021-05-26 Damián H. Zanette , Susanna Manrubia

Event attribution in the context of climate change seeks to understand the role of anthropogenic greenhouse gas emissions on extreme weather events, either specific events or classes of events. A common approach to event attribution uses…

Methodology · Statistics 2018-02-06 Christopher J. Paciorek , Dáithí A. Stone , Michael F. Wehner

Extreme event attribution characterizes how anthropogenic climate change may have influenced the probability and magnitude of selected individual extreme weather and climate events. Attribution statements often involve quantification of the…

Methodology · Statistics 2018-02-06 Soyoung Jeon , Christopher J. Paciorek , Michael F. Wehner

Mediterranean cyclones are extreme meteorological events of which much less is known compared to their tropical, oceanic counterparts. The raising interest in such phenomena is due to their impact on a region increasingly more affected by…

Atmospheric and Oceanic Physics · Physics 2025-01-28 L. Roveri , L. Fery , L. Cavicchia , F. Grotto

Having reliable estimates of the occurrence rates of extreme events is highly important for insurance companies, government agencies and the general public. The rarity of an extreme event is typically expressed through its return period,…

Methodology · Statistics 2019-10-08 Ross Towe , Jonathan Tawn , Emma Eastoe , Rob Lamb

Large language model-powered multi-agent systems have emerged as powerful tools for simulating complex human-like systems. The interactions within these systems often lead to extreme events whose origins remain obscured by the black box of…

Multiagent Systems · Computer Science 2026-02-17 Ling Tang , Jilin Mei , Dongrui Liu , Chen Qian , Dawei Cheng , Jing Shao , Xia Hu

We study a one-dimensional chain of harmonically coupled units in an asymmetric anharmonic soft potential. Due to nonlinear localisation of energy, this system exhibits extreme events in the sense that individual elements of the chain show…

Chaotic Dynamics · Physics 2016-12-28 Colm Mulhern , Stephan Bialonski , Holger Kantz

Rank-ordering statistics provides a perspective on the rare, largest elements of a population, whereas the statistics of cumulative distributions are dominated by the more numerous small events. The exponent of a power law distribution can…

Condensed Matter · Physics 2015-06-25 Didier Sornette , Leon Knopoff , Yan Kagan , Christian Vanneste

A length dependence of the effective mobility in the form of a power law, B ~ L^(1-1/alpha) is observed in dispersive transport in amorphous substances, with 0 < \alpha < 1. We deduce this behavior as a simple consequence of the statistical…

Statistical Mechanics · Physics 2007-05-23 K. W. Kehr , K. P. N. Murthy , H. Ambaye

A systematic quantitative investigation into whether the mechanisms of large earthquakes are unique could significantly deepen our understanding of fault rupture and seismicity patterns. This research holds the potential to advance our…

Geophysics · Physics 2025-02-26 Jiawei Li , Didier Sornette , Zhongliang Wu , Hangwei Li

The size that an epidemic can reach, measured in terms of the number of fatalities, is an extremely relevant quantity. It has been recently claimed [Cirillo & Taleb, Nature Physics 2020] that the size distribution of major epidemics in…

Physics and Society · Physics 2021-03-18 Alvaro Corral

We investigate extreme value theory for physical systems with a global conservation law which describe renewal processes, mass transport models and long-range interacting spin models. As shown previously, a special feature is that the…

Statistical Mechanics · Physics 2020-11-04 Marc Höll , Wanli Wang , Eli Barkai

As catalogs of gravitational-wave transients grow, new records are set for the most extreme systems observed to date. The most massive observed black holes probe the physics of pair instability supernovae while providing clues about the…

High Energy Astrophysical Phenomena · Physics 2022-02-16 Reed Essick , Amanda Farah , Shanika Galaudage , Colm Talbot , Maya Fishbach , Eric Thrane , Daniel E. Holz

The occurrence of workplace accidents is described within the context of self-organized criticality, a theory from statistical physics that governs a wide range of phenomena across physics, biology, geosciences, economics, and the social…

Physics and Society · Physics 2018-03-30 John C. Mauro , Brett Diehl , Richard F. Marcellin , Daniel J. Vaughn

The size or energy of diverse structures or phenomena in geoscience appears to follow power-law distributions. A rigorous statistical analysis of such observations is tricky, though. Observables can span several orders of magnitude, but the…

Geophysics · Physics 2019-04-29 Álvaro Corral , Álvaro González

Zipf's power-law distribution is a generic empirical statistical regularity found in many complex systems. However, rather than universality with a single power-law exponent (equal to 1 for Zipf's law), there are many reported deviations…

Physics and Society · Physics 2015-03-18 Ryohei Hisano , Didier Sornette , Takayuki Mizuno

Extreme events are of great importance since they often represent impactive occurrences. For instance, in terms of climate and weather, extreme events might be major storms, floods, extreme heat or cold waves, and more. However, they are…

Machine Learning · Computer Science 2024-09-24 Jimeng Shi , Azam Shirali , Giri Narasimhan

Many scientific and engineering problems require accurate models of dynamical systems with rare and extreme events. Such problems present a challenging task for data-driven modelling, with many naive machine learning methods failing to…

Machine Learning · Computer Science 2021-12-03 Samuel Rudy , Themistoklis Sapsis

We analyse extreme event statistics of experimentally realized Markov chains with various drifts. Our Markov chains are individual trajectories of a single atom diffusing in a one dimensional periodic potential. Based on more than 500…

Understanding and predicting uncertain things are the central themes of scientific evolution. Human beings revolve around these fears of uncertainties concerning various aspects like a global pandemic, health, finances, to name but a few.…

Statistical Mechanics · Physics 2021-08-31 Sayantan Nag Chowdhury , Arnob Ray , Arindam Mishra , Dibakar Ghosh