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We introduce a new stochastic duration model for transaction times in asset markets. We argue that widely accepted rules for aggregating seemingly related trades mislead inference pertaining to durations between unrelated trades: while any…
We discuss the response of aging systems with short-range interactions to a class of random perturbations. Although these systems are out of equilibrium, the limit value of the free energy at long times is equal to the equilibrium free…
In this note we discuss a paradigmatic example of interacting particles subject to non conservative external forces and to the action of thermostats consisting of external (finite) reservoirs of particles. We then consider a model of…
A mathematical model of dynamic interaction between mining and processing industries is formalized and studied in the paper. The process of interaction is described by a system of two delay differential equations. The criterion for…
The possibility that a short-range interacting system exhibits nonadditivity is investigated. After the discussion on the precise definition of additivity and its consequence, we show that it is possible when the system is in a…
In this article we discuss several aspects of the stochastic dynamics of spin models. The paper has two independent parts. Firstly, we explore a few properties of the multi-point correlations and responses of generic systems evolving in…
This work is dedicated to the study of a supersymmetric quantum spherical spin system with short-range interactions. We examine the critical properties both a zero and finite temperature. The model undergoes a quantum phase transition at…
Ramsey spectroscopy has become a powerful technique for probing non-equilibrium dynamics of internal (pseudospin) degrees of freedom of interacting systems. In many theoretical treatments, the key to understanding the dynamics has been to…
We present a coherent scenario for the physics of cuprate superconductors, which is based on a charge-driven inhomogeneity, i.e. the ``stripe phase''. We show that spin and charge critical fluctuations near the stripe instability of…
We characterize the collective phenomena of a liquid market. By interpreting the behavior of a no-arbitrage N asset market in terms of a particle system scenario, (thermo)dynamical-like properties can be extracted from the asset kinetics.…
Given a countable set of sites and a collection of flip rates at each site, we give a sufficient condition on the long-range dependancies of the flip rates ensuring the well-definedness of the corresponding spin system. This hypothesis has…
Ultra-cold alkali atoms trapped in two distinct hyperfine states in an external magnetic field can mimic magnetic systems of spin 1/2 particles. We describe the spin-dependent effective interaction as a spin-spin interaction. As a…
An expansion in inverse spin anisotropy, which enables us to study the behaviour of discrete spin models as the spins soften, is developed. In particular we focus on models, such as the chiral clock model and the $p$-state clock model with…
A mathematical framework for the physics of nonequilibrium phenomena is gradually being developed. This review is meant to shed light on some aspects of Response Theory, on the theory of Fluctuation Relations, on the so-called "t-mixing"…
We have analyzed the validity of uncertainty relations between the fluctuations of thermodynamically conjugated extensive and intensive variables within the field of statistical mechanics. Analysis is presented for two particular examples…
We construct a relativistically covariant stochastic model for systems of non-interacting spinless particles whose number undergoes random fluctuations. The model is compared with the canonical quantization of the free scalar field in the…
We present a new framework for modeling the statistical behavior of both fully developed turbulence and short-term dynamics of financial markets based on the nonextensive thermostatistics proposed by Tsallis. We also show that intermittency…
Market-based coordination of demand side assets has gained great interests in recent years. In spite of its efficiency, there is a risk that the interaction between the dynamic assets through the price signal could result in an unstable…
We reformulate the Cont-Bouchaud model of financial markets in terms of classical "super-spins" where the spin value is a measure of the number of individual traders represented by a portfolio manager of an investment agency. We then extend…
We study the joint asymptotic behavior of spacings between particles at the edge of multilevel Dyson Brownian motions, when the number of levels tends to infinity. Despite the global interactions between particles in multilevel Dyson…