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This is a review article for Encyclopedia of Complexity and System Science, to be published by Springer http://refworks.springer.com/complexity/. The paper reviews statistical models for money, wealth, and income distributions developed in…

Statistical Finance · Quantitative Finance 2023-06-06 Victor M. Yakovenko

We investigate opinion spreading by a threshold model in a situation where the influence of people is heterogeneously distributed. We focus on the response of the average opinion as a function between the trend between out-degree (number of…

Physics and Society · Physics 2017-07-26 Eun Lee , Petter Holme

The study of opinions $-$ e.g., their formation and change, and their effects on our society $-$ by means of theoretical and numerical models has been one of the main goals of sociophysics until now, but it is one of the defining topics…

Physics and Society · Physics 2015-09-03 Francesca Giardini , Daniele Vilone , Rosaria Conte

What are the mechanisms by which groups with certain opinions gain public voice and force others holding a different view into silence? And how does social media play into this? Drawing on recent neuro-scientific insights into the…

Physics and Society · Physics 2020-03-19 Sven Banisch , Felix Gaisbauer , Eckehard Olbrich

The increasing availability of curated citation data provides a wealth of resources for analyzing and understanding the intellectual influence of scientific publications. In the field of statistics, current studies of citation data have…

Digital Libraries · Computer Science 2021-10-19 Lijia Wang , Xin Tong , Y. X. Rachel Wang

Many questions of fundamental interest in todays science can be formulated as inference problems: Some partial, or noisy, observations are performed over a set of variables and the goal is to recover, or infer, the values of the variables…

Statistical Mechanics · Physics 2018-01-24 Lenka Zdeborová , Florent Krzakala

Knowing and modelling the migration phenomena and especially the social and economic consequences have a theoretical and practical importance, being related to their consequences for development, economic progress (or as appropriate,…

General Finance · Quantitative Finance 2012-02-07 Anca Gheorghiu , Ion Spanulescu

A new mean field statistical mechanics model of two interacting groups of spins is introduced and the phase transition studied in terms of their relative size. A jump of the average magnetization is found for large values of the mutual…

Physics and Society · Physics 2009-11-13 Pierluigi Contucci , Ignacio Gallo , Giulia Menconi

In the process of enacting or introducing a new policy, policymakers frequently consider the population's responses. These considerations are critical for effective governance. There are numerous methods to gauge the ground sentiment from a…

Social and Information Networks · Computer Science 2025-11-11 Eugene T. Y. Ang , Yong Sheng Soh

People sometimes change their opinions when they discuss things with other people. Researchers can use mathematics to study opinion changes in simplifications of real-life situations. These simplified settings, which are examples of…

Physics and Society · Physics 2024-08-07 Grace J. Li , Jiajie Luo , Kaiyan Peng , Mason A. Porter

Opinion dynamics is of paramount importance as it provides insights into the complex dynamics of opinion propagation and social relationship adjustment. It is assumed in most of the previous works that social relationships evolve much…

Physics and Society · Physics 2024-04-05 Xunlong Wang , Bin Wu

We investigate the collective behavior of a system of social agents subject to the competition between two mass media influences considered as external fields. We study under what conditions either of two mass media with different…

Physics and Society · Physics 2024-05-09 O. Alvarez-Llamoza , M. G. Cosenza , J. C. Gonzalez-Avella , M. A. Suarez , K. Tucci , P. Valverde

The diffusion of information and behaviors over social networks is of considerable interest in research fields ranging from sociology to computer science and application domains such as marketing, finance, human health, and national…

Adaptation and Self-Organizing Systems · Physics 2009-12-31 Richard Colbaugh , Kristin Glass

Opinion dynamics concerns social processes through which populations or groups of individuals agree or disagree on specific issues. As such, modelling opinion dynamics represents an important research area that has been progressively…

Physics and Society · Physics 2013-09-06 Alina Sîrbu , Vittorio Loreto , Vito D. P. Servedio , Francesca Tria

The diffusion of ideas is often closely connected to the creation and diffusion of knowledge and to the technological evolution of society. Because of this, knowledge creation, exchange and its subsequent transformation into innovations for…

Physics and Society · Physics 2012-08-31 Nikolay K. Vitanov , Marcel R. Ausloos

The fluctuations in nonequilibrium systems are under intense theoretical and experimental investigation. Topical ``fluctuation relations'' describe symmetries of the statistical properties of certain observables, in a variety of models and…

Statistical Mechanics · Physics 2011-09-08 Lamberto Rondoni , Carlos Mejia-Monasterio

How should social scientists understand and communicate the uncertainty of statistically estimated causal effects? I propose we utilize the posterior distribution of a causal effect and present the probability of the effect being greater…

Applications · Statistics 2022-11-15 Akisato Suzuki

We review the statistical mechanics approach to the study of the emerging collective behavior of systems of heterogeneous interacting agents. The general framework is presented through examples is such contexts as ecosystem dynamics and…

Physics and Society · Physics 2007-05-23 Andrea De Martino , Matteo Marsili

These lecture notes introduce some topics of classical statistical physics, particularly those that are relevant for neural networks and deep learning. Statistical physics is treated as a branch of probability theory or statistics, with the…

Disordered Systems and Neural Networks · Physics 2026-05-12 Olaf Hohm

We propose a model for diffusion of two opposite opinions. Here, the decision to be taken by each individual is a random variable which depends on the tendency of the population, as well on its own trend characteristic. The influence of the…

Probability · Mathematics 2020-01-08 Manuel González-Navarrete , Rodrigo Lambert
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