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We study the average shape of a fluctuation of a time series x(t), that is the average value <x(t)-x(0)>_T before x(t) first returns, at time T, to its initial value x(0). For large classes of stochastic processes we find that a scaling law…

Statistical Mechanics · Physics 2009-11-10 Andrea Baldassarri , Francesca Colaiori , Claudio Castellano

In the neighbourhood of the critical point, the correlation length of the spin-spin correlation function of the two-dimensional Ising model diverges. The correlation function permits a scaling limit in which the separation $N$ between spins…

Mathematical Physics · Physics 2019-05-22 P. J. Forrester , J. H. H. Perk , A. K. Trinh , N. S. Witte

Directional-change Intrinsic Time analysis has long revealed scaling laws in market microstructure, but the origin of their stability remains elusive. This article presents evidence that Intrinsic Time can be modeled as a memoryless…

Statistical Finance · Quantitative Finance 2025-11-19 Thomas Houweling

The theory of transient growth describes how linear mechanisms can cause temporary amplification of disturbances even when the linearized system is asymptotically stable as defined by its eigenvalues. This growth is traditionally quantified…

Fluid Dynamics · Physics 2023-02-23 Peter Frame , Aaron Towne

We consider the statistics of the extreme eigenvalues of sparse random matrices, a class of random matrices that includes the normalized adjacency matrices of the Erd\H{o}s-R\'enyi graph $G(N,p)$. Tracy-Widom fluctuations of the extreme…

Probability · Mathematics 2017-12-12 Jiaoyang Huang , Benjamin Landon , Horng-Tzer Yau

We consider $n$ independent, identically distributed one-dimensional Brownian motions, $B_j(t)$, where $B_j(0)$ has a rapidly decreasing, smooth density function $f$. The empirical quantiles, or pointwise order statistics, are denoted by…

Probability · Mathematics 2010-08-19 Jason Swanson

A Poisson line process is a random set of straight lines contained in the plane, as the image of the map $(x,v)\mapsto (x+vt)_{t\in\mathbb{R}}$, for each point $(x,v)$ of a Poisson process in the space-velocity plane. By associating a step…

Probability · Mathematics 2025-11-10 Pablo A. Ferrari , Stefano Olla

Consider a time-varying collection of n points on the positive real axis, modeled as exponentials of n Brownian motions whose drift vector at every time point is determined by the relative ranks of the coordinate processes at that time. If…

Probability · Mathematics 2009-10-06 Sourav Chatterjee , Soumik Pal

Given a Poisson point process of unit masses (``stars'') in dimension d>=3, Newtonian gravity partitions space into domains of attraction (cells) of equal volume. In earlier work, we showed the diameters of these cells have exponential…

Probability · Mathematics 2017-03-14 Sourav Chatterjee , Ron Peled , Yuval Peres , Dan Romik

We consider extremal eigenvalues of sparse random matrices, a class of random matrices including the adjacency matrices of Erd\H{o}s-R\'{e}nyi graphs $\mathcal{G}(N,p)$. Recently, it was shown that the leading order fluctuations of extremal…

Probability · Mathematics 2023-06-08 Jaehun Lee

It has been conjectured in numerous physics papers that in ordinary first-passage percolation on integer lattices, the fluctuation exponent $\chi$ and the wandering exponent $\xi$ are related through the universal relation $\chi=2\xi -1$,…

Probability · Mathematics 2012-08-21 Sourav Chatterjee

A macroscopic characterization of fractals showing up a structural transition from dense to multibranched growth is made using optical diffraction theory. Such fractals are generated via the numerical solution of the 2D Poisson and…

Condensed Matter · Physics 2009-10-22 F. Perez-Rodriguez , Wei Wang , E. Canessa

We study space-time fluctuations around a characteristic line for a one-dimensional interacting system known as the random average process. The state of this system is a real-valued function on the integers. New values of the function are…

Probability · Mathematics 2007-09-12 Marton Balazs , Firas Rassoul-Agha , Timo Seppalainen

We consider the first passage percolation model on the square lattice. In this model, $\{t(e): e{an edge of}{\bf Z}^2 \}$ is an independent identically distributed family with a common distribution $F$. We denote by $T({\bf 0}, v)$ the…

Probability · Mathematics 2007-05-23 Yu Zhang

This paper first strictly proved that the growth of the second moment of a large class of Gaussian processes is not greater than power function and the covariance matrix is strictly positive definite. Under these two conditions, the maximum…

Statistics Theory · Mathematics 2022-07-21 Shifei Luo

We study local features, and provide a topological insight into the global structure of the probability density distribution and of the pattern of the optimal paths for large rare fluctuations away from a stable state. In contrast to…

Condensed Matter · Physics 2009-10-22 Mark I. Dykman , Mark M. Millonas , Vadim N. Smelyanskiy

The behaviour of the transverse momentum fluctuations with the centrality of the collision shown by the Relativistic Heavy Ion Collider data is naturally explained by the clustering of color sources. In this framework, elementary color…

High Energy Physics - Phenomenology · Physics 2009-11-10 E. G. Ferreiro , F. del Moral , C. Pajares

We characterize recurrence and transience of nonnegative multivariate autoregressive processes of order one with random contractive coefficient matrix, of subcritical multitype Galton-Watson branching processes in random environment with…

Probability · Mathematics 2016-10-18 Martin P. W. Zerner

Recall that a Stirling permutation is a permutation on the multiset $\{1,1,2,2,\ldots,n,n\}$ such that any numbers appearing between repeated values of $i$ must be greater than $i$. We call a Stirling permutation ``flattened'' if the…

Combinatorics · Mathematics 2023-11-29 Adam Buck , Jennifer Elder , Azia A. Figueroa , Pamela E. Harris , Kimberly Harry , Anthony Simpson

We obtain the rate function for the level 2.5 of large deviations for pure jump and diffusion processes. This result is proved by two methods: tilting, for which a tilted process with an appropriate typical behavior is considered, and a…

Statistical Mechanics · Physics 2015-08-04 Andre C. Barato , Raphael Chetrite
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