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Power-law distributions are essential in computational and statistical investigations of extreme events and complex systems. The usual technique to generate power-law distributed data is to first infer the scale exponent $\alpha$ using the…

Adaptation and Self-Organizing Systems · Physics 2022-06-15 Jack Murdoch Moore , Gang Yan , Eduardo G. Altmann

We develop a rigorous theory of hard-sphere dynamics in the kinetic regime, away from thermal equilibrium. In the low density limit, the empirical density obeys a law of large numbers and the dynamics is governed by the Boltzmann equation.…

Analysis of PDEs · Mathematics 2020-05-20 Thierry Bodineau , Isabelle Gallagher , Laure Saint-Raymond , Sergio Simonella

We show how recent results by Bening and Korolev in the context of estimation, when linked with a classical result of Fisher concerning the negative binomial distribution, can be used to explain the ubiquity of power law probability…

Statistical Mechanics · Physics 2009-11-11 C. Vignat , A. Plastino

Gibbsian statistical mechanics is extended into the domain of non-negligible {though non-specified} correlations in phase space while respecting the fundamental laws of thermodynamics. The appropriate Gibbsian probability distribution is…

Statistical Mechanics · Physics 2014-06-26 R. A. Treumann , W. Baumjohann

It is now well established empirically that financial price changes are distributed according to a power law, with cubic exponent. This is a fascinating regularity, as it holds for various classes of securities, on various markets, and on…

Statistical Finance · Quantitative Finance 2016-12-28 Sabiou Inoua

Recently several authors have proposed stochastic evolutionary models for the growth of complex networks that give rise to power-law distributions. These models are based on the notion of preferential attachment leading to the ``rich get…

Soft Condensed Matter · Physics 2007-05-23 Trevor Fenner , Mark Levene , George Loizou

Economy is demanding new models, able to understand and predict the evolution of markets. To this respect, Econophysics offers models of markets as complex systems, that try to comprehend macro-, system-wide states of the economy from the…

Trading and Market Microstructure · Quantitative Finance 2015-05-20 Carmen Pellicer-Lostao , Ricardo Lopez-Ruiz

Strong violations of existing fluctuation theorems may arise in nonequilibrium steady states characterized by distributions with power-law tails. The ratio of the probabilities of positive and negative fluctuations of equal magnitude…

Statistical Mechanics · Physics 2012-07-11 Adrian A. Budini

A systematic analysis of large scale fluctuations in the low temperature pinned phase of a directed polymer in a random potential is described. These fluctuations come from rare regions with nearly degenerate ``ground states''. The…

Condensed Matter · Physics 2016-08-31 Terence Hwa , Daniel S. Fisher

To know the statistical distribution of a variable is an important problem in management of resources. Distributions of the power law type are observed in many real systems. However power law distributions have an infinite variance and thus…

Statistical Mechanics · Physics 2008-12-02 Hari M. Gupta , Jose R. Campanha

Conventional Monte Carlo simulations are stochastic in the sense that the acceptance of a trial move is decided by comparing a computed acceptance probability with a random number, uniformly distributed between 0 and 1. Here we consider the…

Statistical Mechanics · Physics 2018-05-24 Daan Frenkel , K. Julian Schrenk , Stefano Martiniani

A multiplicative stochastic process with the lower bound lognormally distributed is investigated. For the process, the model is constructed, and its distribution function (involving four parameters) and the related statistical properties…

Data Analysis, Statistics and Probability · Physics 2024-01-19 Ken Yamamoto , Yoshihiro Yamazaki

Scale-free dynamics in physical and biological systems can arise from a variety of causes. Here, we explore a branching process which leads to such dynamics. We find conditions for the appearance of power laws and study quantitatively what…

Disordered Systems and Neural Networks · Physics 2009-10-31 Christoph Adami , Johan Chu

Complex systems theory pays much attention to simple mechanisms producing nontrivial patterns, especially power laws. However, power laws with exponent close to one also result from complex mixtures of mechanisms that, in isolation, would…

Adaptation and Self-Organizing Systems · Physics 2013-12-13 Salvador Pueyo

This work faces the problem of the origin of the logarithmic character of the Gompertzian growth. We show that the macroscopic, deterministic Gompertz equation describes the evolution from the initial state to the final stationary value of…

Quantitative Methods · Quantitative Biology 2010-12-23 E. De Lauro , S. De Martino , S. De Siena , V. Giorno

Wall turbulence has a sublayer where one-point statistics, e.g., the mean velocity and the variances of some velocity fluctuations, vary logarithmically with the distance from the wall. This logarithmic scaling is found here for two-point…

Fluid Dynamics · Physics 2022-03-04 H. Mouri , T. Morinaga , T. Yagi , K. Mori

Monte carlo simulation of paths of a large number of impinging electrons in a multi-layered solid allows to define area of spreading electrons (A) to capture overall behavior of the solid. This parameter 'A' follows power law with electron…

Mesoscale and Nanoscale Physics · Physics 2016-01-11 Moirangthem Shubhakanta Singh , R. K. Brojen Singh

Stochastic processes offer a flexible mathematical formalism to model and reason about systems. Most analysis tools, however, start from the premises that models are fully specified, so that any parameters controlling the system's dynamics…

Systems and Control · Computer Science 2017-01-11 Luca Bortolussi , Guido Sanguinetti

Mathematical models of motility are often based on random-walk descriptions of discrete individuals that can move according to certain rules. It is usually the case that large masses concentrated in small regions of space have a great…

Physics and Society · Physics 2022-11-23 Carles Falcó

The applicability of stochastic differential equations to thermodynamics is considered and a new form, different from the classical Ito and Stratonovich forms, is introduced. It is shown that the new presentation is more appropriate for the…

Statistical Mechanics · Physics 2015-06-05 R. Tsekov