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Personal income distributions in Japan are analyzed empirically and a simple stochastic model of the income process is proposed. Based on empirical facts, we propose a minimal two-factor model. Our model of personal income consists of an…

物理与社会 · 物理学 2008-12-02 Wataru Souma , Makoto Nirei

Various multi-agent models of wealth distributions defined by microscopic laws regulating the trades, with or without a saving criterion, are reviewed. We discuss and clarify the equilibrium properties of the model with constant global…

物理与社会 · 物理学 2013-03-19 Marco Patriarca , Anirban Chakraborti , Kimmo Kaski , Guido Germano

We study a generalized notion of a homogeneous skew-product extension of a probability-preserving system in which the homogeneous space fibres are allowed to vary over the ergodic decomposition of the base. The construction of such…

动力系统 · 数学 2009-11-11 Tim Austin

Intermittency in MHD turbulence has been analyzed using high resolution 2D numerical simulations. We show that the Probability Distribution Functions (PDFs) of the fluctuations of the Elsasser fields, magnetic field and velocity field…

混沌动力学 · 物理学 2015-06-26 L. Sorriso-Valvo , V. Carbone , P. Veltri , H. Politano , A. Pouquet

We present a new and efficient method for deriving finite-size effects in statistical physics models solvable by Bethe Ansatz. It is based on the study of the functional that maps a function to the sum of its evaluations over the Bethe…

数学物理 · 物理学 2018-09-28 Etienne Granet , Jesper Lykke Jacobsen , Hubert Saleur

The scaling properties of oil price fluctuations are described as a non-stationary stochastic process realized by a time series of finite length. An original model is used to extract the scaling exponent of the fluctuation functions within…

统计金融 · 定量金融 2008-12-02 M. Momeni , I. Kourakis , K. Talebi

We analyze a database comprising quarterly sales of 55624 pharmaceutical products commercialized by 3939 pharmaceutical firms in the period 1992--2001. We study the probability density function (PDF) of growth in firms and product sales and…

Binomial trees are widely used in the financial sector for valuing securities with early exercise characteristics, such as American stock options. However, while effective in many scenarios, pricing options with CRR binomial trees are…

计算金融 · 定量金融 2024-05-28 Yury Lebedev , Arunava Banerjee

In the preceding paper we presented empirical results describing the growth of publicly-traded United States manufacturing firms within the years 1974--1993. Our results suggest that the data can be described by a scaling approach. Here, we…

In this paper we introduce a new flexible class of distributions with bounded support, called reflected Generalized Topp-Leone Power Series (rGTL-PS), obtained by compounding the reflected Generalized Topp-Leone (van Drop and Kotz, 2006)…

统计方法学 · 统计学 2016-07-20 Francesca Condino , Filippo Domma

We study here a standard next-nearest-neighbor (NNN) model of ballistic growth on one- and two-dimensional substrates focusing our analysis on the probability distribution function $P(M,L)$ of the number $M$ of maximal points (i.e., local…

统计力学 · 物理学 2007-05-23 F. Hivert , S. Nechaev , G. Oshanin , O. Vasilyev

Starting from the generalized exponential function $\exp_{\kappa}(x)=(\sqrt{1+\kappa^{2}x^{2}}+\kappa x)^{1/\kappa}$, with $\exp_{0}(x)=\exp(x)$, proposed in Ref. [G. Kaniadakis, Physica A \textbf{296}, 405 (2001)], the survival function…

物理与社会 · 物理学 2008-12-02 F. Clementi , M. Gallegati , G. Kaniadakis

The authors consider the length, $l_N$, of the length of the longest increasing subsequence of a random permutation of $N$ numbers. The main result in this paper is a proof that the distribution function for $l_N$, suitably centered and…

组合数学 · 数学 2007-05-23 Jinho Baik , Percy Deift , Kurt Johansson

Motivated by a probabilistic analysis of a simple game (itself inspired by a problem in computational learning theory) we introduce the \emph{moment zeta function} of a probability distribution, and study in depth some asymptotic properties…

数论 · 数学 2007-05-23 Igor Rivin

The power law distribution is usually used to fit data in the upper tail of the distribution. However, commonly it is not valid to model data in all the range. In this paper, we present a new family of distributions, the so-called…

适应与自组织系统 · 物理学 2016-09-21 Faustino Prieto , José María Sarabia

We introduce the beta generalized exponential distribution that includes the beta exponential and generalized exponential distributions as special cases. We provide a comprehensive mathematical treatment of this distribution. We derive the…

统计方法学 · 统计学 2010-08-17 Wagner Barreto-Souza , Alessandro H. S. Santos , Gauss M. Cordeiro

This article contains new tools for studying the shape of the stationary distribution of sizes in a dynamic economic system in which units experience random multiplicative shocks and are occasionally reset. Each unit has a Markov-switching…

计量经济学 · 经济学 2022-08-02 Brendan K. Beare , Alexis Akira Toda

We study a stochastic matrix model to understand the mechanics of risk-spreading (or bet-hedging) by dispersion. Such model has been mostly dealt numerically except for well-mixed case, so far. Here, we present an analytical result, which…

物理与社会 · 物理学 2015-11-12 Satoru Morita , Jin Yoshimura

We study the fragment size distributions after crushing of single and many particles under uniaxial compression inside a cylindrical container by means of numerical simulations. Under the assumption that breaking goes through the bulk of…

软凝聚态物质 · 物理学 2019-01-16 Pavel S. Iliev , Falk K. Wittel , Hans J. Herrmann

We propose a method to derive the stationary size distributions of a system, and the degree distributions of networks, using maximisation of the Gibbs-Shannon entropy. We apply this to a preferential attachment-type algorithm for systems of…

物理与社会 · 物理学 2020-03-17 Cornelia Metzig , Caroline Colijn