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We develop a behavioral asset pricing model in which agents trade in a market with information friction. Profit-maximizing agents switch between trading strategies in response to dynamic market conditions. Due to noisy private information…

Trading and Market Microstructure · Quantitative Finance 2019-05-02 Zhentao Shi , Huanhuan Zheng

Many networks are complex dynamical systems, where both attributes of nodes and topology of the network (link structure) can change with time. We propose a model of co-evolving networks where both node at- tributes and network structure…

Social and Information Networks · Computer Science 2011-06-15 Yoon-Sik Cho , Greg Ver Steeg , Aram Galstyan

We propose and analyze a nonlinear dynamic model of continuous-time multi-dimensional belief formation over signed social networks. Our model accounts for the effects of a structured belief system, self-appraisal, internal biases, and…

Physics and Society · Physics 2024-07-04 Anastasia Bizyaeva , Alessio Franci , Naomi Ehrich Leonard

Representations of sequential data are commonly based on the assumption that observed sequences are realizations of an unknown underlying stochastic process, where the learning problem includes determination of the model parameters. In this…

Machine Learning · Statistics 2019-09-17 Ronny Hug , Wolfgang Hübner , Michael Arens

Many complex systems change their structure over time, in these cases dynamic networks can provide a richer representation of such phenomena. As a consequence, many inference methods have been generalized to the dynamic case with the aim to…

Social and Information Networks · Computer Science 2023-10-25 Hadiseh Safdari , Martina Contisciani , Caterina De Bacco

Recently, evolving networks are becoming a suitable form to model many real-world complex systems, due to their peculiarities to represent the systems and their constituting entities, the interactions between the entities and the…

Artificial Intelligence · Computer Science 2017-09-21 Angelo Impedovo , Corrado Loglisci , Michelangelo Ceci

The characterization of the "most connected" nodes in static or slowly evolving complex networks has helped in understanding and predicting the behavior of social, biological, and technological networked systems, including their robustness…

Physics and Society · Physics 2010-10-21 Scott A. Hill , Dan Braha

Many real-world complex systems are well represented as multilayer networks; predicting interactions in those systems is one of the most pressing problems in predictive network science. To address this challenge, we introduce two stochastic…

Physics and Society · Physics 2019-04-03 Marc Tarres-Deulofeu , Antonia Godoy-Lorite , Roger Guimera , Marta Sales-Pardo

Temporal networks of face-to-face interactions between individuals are useful proxies of the dynamics of social systems on fast time scales. Several empirical statistical properties of these networks have been shown to be robust across a…

Physics and Society · Physics 2023-02-03 Didier Le Bail , Mathieu Génois , Alain Barrat

Queueing networks are systems of theoretical interest that find widespread use in the performance evaluation of interconnected resources. In comparison to counterpart models in genetics or mathematical biology, the stochastic (jump)…

Methodology · Statistics 2019-06-28 Iker Perez , Giuliano Casale

We focus at the interface between multiscale computations, bifurcation theory and social networks. In particular we address how the Equation-Free approach, a recently developed computational framework, can be exploited to systematically…

Computational Physics · Physics 2015-05-13 A. C. Tsoumanis , C. I. Siettos , I. G. Kevrekidis , G. V. Bafas

Many social and biological systems are characterized by enduring hierarchies, including those organized around prestige in academia, dominance in animal groups, and desirability in online dating. Despite their ubiquity, the general…

Social and Information Networks · Computer Science 2022-04-27 Mari Kawakatsu , Philip S. Chodrow , Nicole Eikmeier , Daniel B. Larremore

The study of temporal networks in discrete time has yielded numerous insights into time-dependent networked systems in a wide variety of applications. For many complex systems, however, it is useful to develop continuous-time models of…

Social and Information Networks · Computer Science 2021-02-10 Xinzhe Zuo , Mason A Porter

Stochastic dynamic models have been extensively used for the description of processes with uncertainties arising in the operations research, behavioral sciences, and many other application areas. A large class of the problems from these…

Numerical Analysis · Mathematics 2021-06-01 Thi Kim Thoa Thieu , Roderick Melnik

We extend the phase field crystal method for nonequilibrium patterning to stochastic systems with external source where transient dynamics is essential. It was shown that at short time scales the system manifests pattern selection…

Statistical Mechanics · Physics 2011-01-18 D. Kharchenko , V. Kharchenko , I. Lysenko

We present a modeling framework for dynamical and bursty contact networks made of agents in social interaction. We consider agents' behavior at short time scales, in which the contact network is formed by disconnected cliques of different…

Physics and Society · Physics 2010-03-09 Juliette Stehle , Alain Barrat , Ginestra Bianconi

A stochastic model of excitatory and inhibitory interactions which bears universality traits is introduced and studied. The endogenous component of noise, stemming from finite size corrections, drives robust inter-nodes correlations, that…

Disordered Systems and Neural Networks · Physics 2017-08-16 Clement Zankoc , Duccio Fanelli , Francesco Ginelli , Roberto Livi

We introduce a new class of latent process models for dynamic relational network data with the goal of detecting time-dependent structure. Network data are often observed over time, and static network models for such data may fail to…

Methodology · Statistics 2013-11-15 Lucy F. Robinson , Carey E. Priebe

In this paper, we study the continuous-time consensus problem in the presence of adversaries. The networked multi-agent system is modeled as a switched system, where the normal agents have integrator dynamics and the switching signal…

Systems and Control · Computer Science 2013-03-13 Heath J. LeBlanc , Haotian Zhang , Shreyas Sundaram , Xenofon Koutsoukos

We introduce a stochastic heterogeneous interacting-agent model for the short-time non-equilibrium evolution of excess demand and price in a stylized asset market. We consider a combination of social interaction within peer groups and…

General Finance · Quantitative Finance 2009-07-20 Gunter M. Schütz , Fernando Pigeard de Almeida Prado , Rosemary J. Harris , Vladimir Belitsky