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The efficient market hypothesis (EMH), based on rational expectations and market equilibrium, is the dominant perspective for modelling economic markets. However, the most notable critique of the EMH is the inability to model periods of…

Multiagent Systems · Computer Science 2023-02-14 Benjamin Patrick Evans , Mikhail Prokopenko

It is widely accepted that there is strong persistence in the volatility of financial time series. The origin of the observed persistence, or long-range memory, is still an open problem as the observed phenomenon could be a spurious effect.…

Statistical Finance · Quantitative Finance 2018-04-24 Vygintas Gontis , Aleksejus Kononovicius

We introduce and analyze several variants of a system of differential equations which model the dynamics of social outbursts, such as riots. The systems involve the coupling of an explicit variable representing the intensity of rioting…

Analysis of PDEs · Mathematics 2015-07-08 Henri Berestycki , Jean-Pierre Nadal , Nancy Rodriguez

Supernovae shape the interstellar medium, chemically enrich their host galaxies, and generate powerful interstellar shocks that drive future generations of star formation. The shock produced by a supernova event acts as a type of time…

High Energy Astrophysical Phenomena · Physics 2018-04-25 Daniel Patnaude , Carles Badenes

What features characterise complex system dynamics? Power laws and scale invariance of fluctuations are often taken as the hallmarks of complexity, drawing on analogies with equilibrium critical phenomena[1-3]. Here we argue that slow,…

Statistical Mechanics · Physics 2007-05-23 Paul Anderson , Henrik Jeldtoft Jensen , L. P. Oliveira , Paolo Sibani

In general relativity, the interaction between a black hole and the fields around it (a process known as backreaction) proceeds via the evolution of the black holes mass and angular momentum. Analogue models of gravity, particularly fluid…

General Relativity and Quantum Cosmology · Physics 2021-02-03 Sam Patrick , Harry Goodhew , Cisco Gooding , Silke Weinfurtner

We consider the role of the reconstruction of the initial state in the deviation from exponential decay at short and long times. The long time decay can be attributed to a wave that was, in a classical-like, probabilistic sense, fully…

Quantum Physics · Physics 2009-11-11 J. G. Muga , F. Delgado , A. del Campo , G. Garcia-Calderon

Disordered many-body systems exhibit a wide range of emergent phenomena across different scales. These complex behaviors can be utilized for various information processing tasks such as error correction, learning, and optimization. Despite…

Disordered Systems and Neural Networks · Physics 2023-08-04 Weishun Zhong

We consider the effects of long-range temporal correlations in many-particle systems, focusing particularly on fluctuations about the typical behaviour. For a specific class of memory dependence we discuss the modification of the large…

Statistical Mechanics · Physics 2015-12-24 Rosemary J. Harris

Broadband spontaneous macroscopic neural oscillations are rhythmic cortical firing which were extensively examined during the last century, however, their possible origination is still controversial. In this work we show how macroscopic…

Neurons and Cognition · Quantitative Biology 2015-11-03 Amir Goldental , Roni Vardi , Shira Sardi , Pinhas Sabo , Ido Kanter

The article discusses a generalization of model of economic growth with constant pace, which takes into account the effects of dynamic memory. Memory means that endogenous or exogenous variable at a given time depends not only on their…

Economics · Quantitative Finance 2019-04-04 Valentina V. Tarasova , Vasily E. Tarasov

Friction is a phenomenon that manifests across all spatial and temporal scales, from the molecular to the macroscopic scale. It describes the dissipation of energy from the motion of particles or abstract reaction coordinates and arises in…

This study investigates the dynamics of a globally coupled network of heterogeneous FitzHugh Nagumo (FHN) oscillators under stochastic influences, with particular emphasis on the emergence of extreme events (EE). While previous studies…

Chaotic Dynamics · Physics 2025-12-11 S. Hariharan , R. Suresh , V. K. Chandrasekar

This paper investigates how economic shocks propagate and amplify through the input-output network connecting industrial sectors in developed economies. We study alternative models of diffusion on networks and we calibrate them using…

General Finance · Quantitative Finance 2014-04-02 Martha G. Alatriste Contreras , Giorgio Fagiolo

Shock waves constitute discontinuities in matter which are relevant in studying the plasma behaviour in astrophysical scenarios and in heavy-ion collision. They can produce conical emission in relativistic collisions and are also thought to…

High Energy Astrophysical Phenomena · Physics 2013-09-03 Ritam Mallick , Stefan Schramm

Endogeneity poses significant challenges in causal inference across various research domains. This paper proposes a novel approach to identify and estimate causal effects in the presence of endogeneity. We consider a structural equation…

Methodology · Statistics 2025-08-26 Ruoyu Wang , Wang Miao

We explore the connection between migration patterns and emergent behaviors of evolving populations in spatially heterogeneous environments. Despite extensive studies in ecologically and medically important systems, a unifying framework…

Populations and Evolution · Quantitative Biology 2024-01-10 Casey O. Barkan , Shenshen Wang

Reaction networks are mathematical models of interacting chemical species that are primarily used in biochemistry. There are two modeling regimes that are typically used, one of which is deterministic and one that is stochastic. In…

Molecular Networks · Quantitative Biology 2018-09-14 David Anderson , Daniele Cappelletti

The magnetopause marks the outer edge of the Earth's magnetosphere and a distinct boundary between solar wind and magnetospheric plasma populations. In this letter, we use global magnetohydrodynamic simulations to examine the response of…

Although the details of the core-collapse supernova mechanism are not fully understood, it is generally accepted that the energy released in the collapse produces a shock that disrupts the star and produces the explosion. Some of the…

High Energy Astrophysical Phenomena · Physics 2014-01-15 Tsing-Wai Wong , Christopher L. Fryer , Carola I. Ellinger , Gabriel Rockefeller , Vassiliki Kalogera