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Over the past decade network theory has turned out to be a powerful methodology to investigate complex systems of various sorts. Through data analysis, modeling, and simulation quite an unparalleled insight into their structure, function,…

Physics and Society · Physics 2010-07-16 Kimmo Kaski

This paper provides an overview and critical analysis on the modeling and applications of the dynamics of human crowds, where social interactions can have an important influence on the behavioral dynamics of the crowd viewed as a living,…

Physics and Society · Physics 2017-09-21 Nicola Bellomo , Livio Gibelli , Nisrine Outada

We calculate measures of economic complexity for US metropolitan areas for the years 2007-2015 based on industry employment data. We show that the concept of economic complexity translates well from the cross-country to the regional…

General Economics · Economics 2021-04-14 Benedikt S. L. Fritz , Robert A. Manduca

We develop a dynamic model of economic complexity that endogenously generates a transition between unconditional and conditional convergence. In this model, convergence turns conditional as the capability intensity of activities rises. We…

General Economics · Economics 2025-12-12 Cesar A. Hidalgo , Viktor Stojkoski

Traditional power systems education and training is flanked by the demand for coping with the rising complexity of energy systems, like the integration of renewable and distributed generation, communication, control and information…

This paper is a survey dedicated to the analogy between the notions of {\it complexity} in theoretical computer science and {\it energy} in physics. This analogy is not metaphorical: I describe three precise mathematical contexts, suggested…

Computational Complexity · Computer Science 2015-06-15 Yuri I. Manin

Economic complexity reflects the amount of knowledge that is embedded in the productive structure of an economy. By combining tools from network science and econometrics, a robust and stable relationship between a country's productive…

Economics · Quantitative Finance 2016-11-22 Viktor Stojkoski , Zoran Utkovski , Ljupco Kocarev

We discuss the relevance of studying ecology within the framework of Complexity Science from a statistical mechanics approach. Ecology is concerned with understanding how systems level properties emerge out of the multitude of interactions…

Populations and Evolution · Quantitative Biology 2007-09-14 Henrik Jeldtoft Jensen , Elsa Arcaute

Economic complexity reflects the amount of knowledge that is embedded in the productive structure of an economy. It resides on the premise of hidden capabilities - fundamental endowments underlying the productive structure. In general,…

The present review deals with the computer simulation of biological ageing as well as its demographic consequences for industrialized societies.

Statistical Mechanics · Physics 2016-11-23 Dietrich Stauffer

A fundamental connection between thermodynamics and information theory arises from the fact that correlations exhibit an inherent work value. For noninteracting systems this translates to a work cost for establishing correlations. Here we…

Quantum Physics · Physics 2016-04-27 Nicolai Friis , Marcus Huber , Martí Perarnau-Llobet

The paper argues that attracting more economists and adopting a more-precise definition of dynamic complexity might help econophysics acquire more attention in the economics community and bring new lymph to economic research. It may be…

General Finance · Quantitative Finance 2020-02-03 Paolo Magrassi

We introduce the simplest model which relates the emergence of collective social/economic phenomena to the existence of a (possibly self-organized) percolation transition. We suggest a series of extensions to financial, economic, political…

adap-org · Physics 2009-10-31 Sorin Solomon , Gerard Weisbuch

Short-term survival and an exuberant plunge into building our future are generating a new kind of unintended consequence -- hidden fragility. This is a direct effect of the sophistication and structural complexity of the socio-technical…

Physics and Society · Physics 2020-03-26 James P. Crutchfield

We survey some of the connections linking complex dynamics to other fields of mathematics and science. We hope to show that complex dynamics is not just interesting on its own but also has value as an applicable theory.

Dynamical Systems · Mathematics 2020-07-01 Alexandre DeZotti

A method for computing the thermopower in interacting systems is proposed. This approach, which relies on Monte Carlo simulations, is illustrated first for a diatomic chain of hard-point elastically colliding particles and then in the case…

Statistical Mechanics · Physics 2015-10-01 Shunda Chen , Jiao Wang , Giulio Casati , Giuliano Benenti

This paper proposes a variational approach to describe the evolution of organization of complex systems from first principles, as increased efficiency of physical action. Most simply stated, physical action is the product of the energy and…

Adaptation and Self-Organizing Systems · Physics 2014-07-29 Georgi Yordanov Georgiev , Kaitlin Henry , Timothy Bates , Erin Gombos , Alexander Casey , Michael Daly , Amrit Vinod , Hyunseung Lee

Cities are systems with a large number of constituents and agents interacting with each other and can be considered as emblematic of complex systems. Modeling these systems is a real challenge and triggered the interest of many disciplines…

Physics and Society · Physics 2019-10-23 Marc Barthelemy

The application of principles of thermodynamics and statistical mechanics to economic systems is considered in a broad historical perspective, extending from prehistoric times to the present day. The hypothesis of maximum entropy production…

Statistical Mechanics · Physics 2007-05-23 Alastair D. Jenkins

We discuss models and data of crowd disasters, crime, terrorism, war and disease spreading to show that conventional recipes, such as deterrence strategies, are often not effective and sufficient to contain them. Many common approaches do…