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The Stock Market is a complex self-interacting system, characterized by an intermittent behaviour. Periods of high activity alternate with periods of relative calm. In the present work we investigate empirically about the possibility that…

Other Condensed Matter · Physics 2016-08-31 M. Bartolozzi , D. B. Leinweber , A. W. Thomas

We introduce an external control to reduce the size of avalanches in some sandpile models exhibiting self organized criticality. This rather intuitive approach seems to be missing in the vast literature on such systems. The control action,…

Computational Physics · Physics 2015-06-16 Daniel O. Cajueiro , Roberto F. S. Andrade

A collective chaotic phase with power law scaling of activity events is observed in a disordered mean field network of purely excitatory leaky integrate-and-fire neurons with short-term synaptic plasticity. The dynamical phase diagram…

Disordered Systems and Neural Networks · Physics 2017-03-20 Fabrizio Pittorino , Miguel Ibáñez-Berganza , Matteo di Volo , Alessandro Vezzani , Raffaella Burioni

We discuss intermittent time series consisting of discrete bursts or avalanches separated by waiting or silent times. The short time correlations can be understood to follow from the properties of individual avalanches, while longer time…

Statistical Mechanics · Physics 2009-11-13 Lasse Laurson , Xavier Illa , Mikko J. Alava

A simple model economy with locally interacting producers and consumers is introduced. When driven by extremal dynamics, the model self-organizes {\em not} to an attractor state, but to an asymptote, on which the economy has a constant rate…

Statistical Mechanics · Physics 2011-04-12 Simon F. Norrelykke , Per Bak

Using numerical simulations, we examine the dynamics of active matter run-and-tumble disks moving in a disordered array of obstacles. As a function of increasing active disk density and activity, we find a transition from a completely…

Soft Condensed Matter · Physics 2019-09-13 C. J. O. Reichhardt , C. Reichhardt

The collective behavior of a two-dimensional wet granular cluster under horizontal swirling motions is investigated experimentally. Depending on the balance between the energy injection and dissipation, the cluster evolves into various…

Soft Condensed Matter · Physics 2015-09-30 Kai Huang

With the rise of computing and artificial intelligence, advanced modeling and forecasting has been applied to High Frequency markets. A crucial element of solid production modeling though relies on the investigation of data distributions…

Trading and Market Microstructure · Quantitative Finance 2021-10-27 Jeremy D. Turiel , Tomaso Aste

Self-organized criticality has been claimed to play an important role in many natural and social systems. In the present work we empirically investigate the relevance of this theory to stock-market dynamics. Avalanches in stock-market…

Physics and Society · Physics 2009-11-11 M. Bartolozzi , D. B. Leinweber , A. W. Thomas

Chemical, physical and ecological systems passing through a saddle-node bifurcation will, momentarily, find themselves balanced at a semi-stable steady state. If perturbed by noise, such systems will escape from the zero-steady state, with…

Statistical Mechanics · Physics 2020-01-08 Alastair Jamieson-Lane , Eric N. Cytrynbaum

We study a single-lane traffic model that is based on human driving behavior. The outflow from a traffic jam self-organizes to a critical state of maximum throughput. Small perturbations of the outflow far downstream create emergent traffic…

adap-org · Physics 2009-10-28 Kai Nagel , Maya Paczuski

The manipulation of the self-organized critical systems by repeatedly deliberate local relaxations (fillips) affect considerably the dynamics of avalanches and change their evolution. During a fillip, the energy diffuses to the neighboring…

Statistical Mechanics · Physics 2019-04-24 M. N. Najafi , Z. Moghadam

Motivated by the fact that empirical time series of earthquakes exhibit long-range correlations in space and time and the Gutenberg-Richter distribution of magnitudes, we propose a simple fault model that can account for these types of…

Statistical Mechanics · Physics 2020-01-29 Marco Baiesi

Power laws in nature are considered to be signatures of complexity. The theory of self-organized criticality (SOC) was proposed to explain their origins. A longstanding principle of SOC is the \emph{separation of timescales} axiom. It…

Neurons and Cognition · Quantitative Biology 2019-07-03 Anirban Das , Anna Levina

Self-organized criticality (SOC) refers to the ability of complex systems to evolve towards a 2nd-order phase transition at which interactions between system components lead to scale-invariant events beneficial for system performance. For…

Neurons and Cognition · Quantitative Biology 2021-05-18 Dietmar Plenz , Tiago L. Ribeiro , Stephanie R. Miller , Patrick A. Kells , Ali Vakili , Elliott L. Capek

The Olami--Feder--Christensen earthquake model is often considered the prototype dissipative self--organized critical model. It is shown that the size distribution of events in this model results from a complex interplay of several…

Statistical Mechanics · Physics 2009-11-07 Barbara Drossel

Avalanche dynamics and related power law statistics are ubiquitous in nature, arising in phenomena like earthquakes, forest fires and solar flares. Very interestingly, an analogous behavior is associated with many condensed matter systems,…

Disordered Systems and Neural Networks · Physics 2009-02-09 Benedetta Cerruti , Eduard Vives

An improved version of the Olami-Feder-Christensen model has been introduced to consider avalanche size differences. Our model well demonstrates the power-law behavior and finite size scaling of avalanche size distribution in any range of…

Statistical Mechanics · Physics 2015-05-20 Gui-Qing Zhang , Ugur Tirnakli , Lin Wang , Tian-Lun Chen

We present a new model for relaxations in piles of granular material. The relaxations are determined by a stochastic rule which models the effect of friction between the grains. We find power-law distributions for avalanche sizes and…

Statistical Mechanics · Physics 2009-10-28 Luis A. Nunes Amaral , Kent B. Lauritsen

Self-organized criticality is characterized by power law correlations in the non-equilibrium steady state of externally driven systems. A dynamical system proposed here self-organizes itself to a critical state with no characteristic size…

Soft Condensed Matter · Physics 2009-11-11 Santanu Sinha , Vimal Kishore , S. B. Santra