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We consider an aggregation model that consists of an active transport equation for the macroscopic population density, where the velocity has a nonlocal functional dependence on the density, modelled via an interaction potential. We set up…
We investigate the mixed spin-$(s,\tfrac12)$ Ising model on a Cayley tree of order three ($k=3$), extending the approach of \cite{Akin2024}. For the representative case $s=5$, the associated recursion leads to an 11-dimensional dynamical…
We introduce a dynamic and stochastic interbank model with an endogenous notion of distress contagion, arising from rational worries about future defaults and ensuing losses. This entails a mark-to-market valuation adjustment for interbank…
Economic inequality emerges from the interplay between regional growth-rate differences and the interaction network that couples regions. We propose a minimal income-dynamics model, where heterogeneity is governed by growth-rate…
We discuss the two-dimensional motion of a Brownian particle that is confined to a harmonic trap and driven by a shear flow. The surrounding medium induces memory effects modelled by a linear, typically nonreciprocal coupling of the…
We consider the Starobinsky inflation with a set of higher order corrections parametrised by two real coefficients $\lambda_1, \lambda_2$. In the Einstein frame we have found a potential with the Starobinsky plateau, steep slope and…
We study patterns that arise in the wake of an externally triggered, spatially propagating instability in the complex Ginzburg-Landau equation. We model the trigger by a spatial inhomogeneity moving with constant speed. In the comoving…
In this study, we precisely evaluated the feasibility of the chaotic inflation model within a non-canonical kinetic framework. By applying the slow-roll approximation and imposing constraints on the equilateral non-Gaussianity $f_{\rm…
Whether two boundary conditions of a two-dimensional topological order can be continuously connected without a phase transition in between remains a challenging question. We tackle this challenge by constructing an effective Hamiltonian,…
There is by now a large consensus in modern monetary policy. This consensus has been built upon a dynamic general equilibrium model of optimal monetary policy as developed by, e.g., Goodfriend and King (1997), Clarida et al. (1999),…
In this paper, we introduce a commensurable and non-degenerate double sine-Gordon model, in which a partial breaking of vacuum degeneracy provides a mechanism for the emergence of static multi-kinks. These multi-kinks $K_n$ are stable field…
Two kinetic exchange models are proposed to explore the dynamics of closed economic markets characterized by random exchanges, saving propensities, and collective transactions. Model I simulates a system where individual transactions occur…
We investigate the steady state properties arising from the open system dynamics described by a memoryless (Markovian) quantum collision model, corresponding to a master equation in the ultra-strong coupling regime. By carefully assessing…
Analytical approaches in models of opinion formation have been extensively studied either for an opinion represented as a discrete or a continuous variable. In this paper, we analyze a model which combines both approaches. The state of an…
We study a discrete-time asynchronous midpoint dynamics on the circle in which, at each step, a uniformly chosen neighboring pair moves to the midpoint along the shortest arc. Although the update rule is locally contractive, we show that…
Interfacial hydrodynamic instabilities in multicomponent superfluids provide a versatile platform to explore nonequilibrium quantum dynamics beyond classical fluid analogues. We study dynamical interfacial instabilities in a…
We investigate the dynamics of homogeneous phase space for single-field models of inflation. Inflationary trajectories are formally attractors in phase space, but since in practice not all initial conditions lead to them, some degree of…
We reinterpret Starobinsky's stochastic inflation as an open quantum system, where short-wavelength modes act as the environment for long-wavelength modes. Using the Schwinger-Keldysh formalism, we systematically trace out the environment…
We develop a theoretical framework that aims to link micro-level option hedging and stock-specific factor exposure with macro-level market turbulence and explain endogenous volatility amplification during gamma-squeeze events. By explicitly…
In this short note we prove ``effective" geometric ergodicity (i.e a Perron-Frobenius theorem) for Markov chains in random mixing dynamical environment satisfying a random non-uniform version of the Doeblin condition. Effectivity here means…