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Half of the world population resides in cities and urban segregation is becoming a global issue. One of the best known attempts to understand it is the Schelling model, which considers two types of agents that relocate whenever a transfer…

Physics and Society · Physics 2022-11-09 Diego Ortega , Javier Rodríguez-Laguna , Elka Korutcheva

Urban scaling theory explains the increasing returns to scale of urban wealth indicators by the per capita increase of human interactions within cities. This explanation implicitly assumes urban areas as isolated entities and ignores their…

Physics and Society · Physics 2022-11-18 Luiz G. A. Alves , Diego Rybski , Haroldo V. Ribeiro

I examine global recessions as a cascade phenomenon. In other words, how recessions arising in one or more countries might percolate across a network of connected economies. A heterogeneous agent based model is set up in which the agents…

General Finance · Quantitative Finance 2008-12-02 Paul Ormerod

One dominant aspect of cities is transport and massive passenger mobilization which remains a challenge with the increasing demand on the public as cities grow. In addition, public transport infrastructure suffers from traffic congestion…

Physics and Society · Physics 2023-09-06 L. K. Eraso-Hernandez , A. P. Riascos , T. M. Michelitsch , J. Wang-Michelitsch

Urban infrastructure networks play a major role in providing reliable flows of multitude critical services demanded by citizens in modern cities. We analyzed here a database of 125 infrastructure networks, roads (RN); urban drainage…

The process of urbanization is one of the most important phenomenon of our societies and it is only recently that the availability of massive amounts of geolocalized historical data allows us to address quantitatively some of its features.…

Physics and Society · Physics 2017-10-20 Giulia Carra , Marc Barthelemy

The emergence of interconnected urban networks is a crucial feature of globalisation processes. Understanding the drivers behind the growth of such networks - in particular urban firm networks -, is essential for the economic resilience of…

Physics and Society · Physics 2020-09-14 Juste Raimbault , Natalia Zdanowska , Elsa Arcaute

Recent advances in the urban science make broad use of the notion of scaling. We focus here on the important scaling relationship between the gross metropolitan product (GMP) of a city and its population (pop). It has been demonstrated that…

Physics and Society · Physics 2016-09-28 Emanuele Strano , Vishal Sood

We introduce a model in which city populations grow at rates proportional to the area of their "sphere of influence", where the influence of a city depends on its population (to power \alpha) and distance from city (to power -\beta) and…

Physics and Society · Physics 2012-09-25 David Aldous , Bowen Huang

The urban transition, the increased ratio of urban to rural population globally and within countries, is a hallmark of the 21st century. Our analysis of publicly available data from the World Bank spanning several decades for ~195 countries…

Physics and Society · Physics 2019-02-15 Joseph R. Burger , James H. Brown , John W. Day , Tatiana P. Flanagan , Eric D. Roy

A key element to understand complex systems is the relationship between the spatial scale of investigation and the structure of the interrelation among its elements. When it comes to economic systems, it is now well-known that the…

Physics and Society · Physics 2022-02-07 Dario Laudati , Manuel S. Mariani , Luciano Pietronero , Andrea Zaccaria

Quantifying the topological similarities of different parts of urban road networks (URNs) enables us to understand the urban growth patterns. While conventional statistics provide useful information about characteristics of either a single…

Physics and Society · Physics 2021-12-01 Jiawei Xue , Nan Jiang , Senwei Liang , Qiyuan Pang , Takahiro Yabe , Satish V. Ukkusuri , Jianzhu Ma

Understanding and potentially predicting or even controlling urban labour markets represents a great challenge for workers and policy makers alike. Cities are effective engines of economic growth and prosperity and incubate complex dynamics…

Physics and Society · Physics 2022-02-28 Xiangnan Feng , Alex Rutherford

The cluster analysis methods are used in order to perform a comparative study of 15 EU countries in relation with the fluctuations of some basic macroeconomic indicators. The statistical distances between countries are calculated for…

General Finance · Quantitative Finance 2010-03-16 Mircea Gligor , Marcel Ausloos

Growth rate of the world Growth Domestic Product (GDP) is analysed to determine possible pathways of the future economic growth. The analysis is based on using the latest data of the World Bank and it reveals that the growth rate between…

General Finance · Quantitative Finance 2015-11-03 Ron W Nielsen

Urban outputs, from economy to innovation, are known to grow as a power of a city's population. But, since large cities tend to be central in transportation and communication networks, the effects attributed to city size may be confounded…

Physics and Society · Physics 2024-06-24 Xiaofan Liang , César A. Hidalgo , Pierre-Alexandre Balland , Siqi Zheng , Jianghao Wang

This chapter examines the possibility to analyze and compare human activities in an urban environment based on the detection of mobile phone usage patterns. Thanks to an unprecedented collection of counter data recording the number of…

Physics and Society · Physics 2014-06-18 S. Grauwin , S. Sobolevsky , S. Moritz , I. Gódor , C. Ratti

Despite the rapid growth of cities in the past century, our quantitative, in-depth understanding of how cities grow remains limited due to a consistent lack of historical data. Thus, the scaling laws between a city's features and its…

Physics and Society · Physics 2024-12-18 Keith Burghardt , Johannes H. Uhl , Kristina Lerman , Stefan Leyk

The growth of business firms is an example of a system of complex interacting units that resembles complex interacting systems in nature such as earthquakes. Remarkably, work in econophysics has provided evidence that the statistical…

Statistical Finance · Quantitative Finance 2019-01-30 Nathan C. Frey , Sakib Matin , H. Eugene Stanley , Michael Salinger

Great cities connect people; failed cities isolate people. Despite the fundamental importance of physical, face-to-face social-ties in the functioning of cities, these connectivity networks are not explicitly observed in their entirety.…

Physics and Society · Physics 2015-07-21 Aaron Sim , Sophia N Yaliraki , Mauricio Barahona , Michael P H Stumpf