Showing 1 - 10 of 26
We introduce three models of fragmentation in which the largest fragment in the system can be broken at each time step with a fixed probability, p. We solve these models exactly in the long time limit to reveal stable time-invariant (scaling) solutions which depend on p and the precise details...
Persistent link: https://www.econbiz.de/10010586572
We introduce a new class of deterministic networks by associating networks with Diophantine equations, thus relating network topology to algebraic properties. The network is formed by representing integers as vertices and by drawing cliques between M vertices every time that M distinct integers...
Persistent link: https://www.econbiz.de/10010588416
We show that a cut-and-paste model to mimic a trial-and-error process of adaptation displays two pairs of percolation and depinning transitions, one for persistence and the other for efficiency. The percolation transition signals the onset of a property and the depinning transition, the growth...
Persistent link: https://www.econbiz.de/10010588589
We have measured the distribution of distances between parked cars in a number of roads in central London. We compare the results with models of random sequential adsorption, or random car parking models, as they are often called. Our empirical results do not agree with these models, and hence...
Persistent link: https://www.econbiz.de/10010588717
Models of auctions or tendering processes are introduced. In every round of bidding the players select their bid from a probability distribution and whenever a bid is unsuccessful, it is discarded and replaced. For simple models, the probability distributions evolve to a stationary power law...
Persistent link: https://www.econbiz.de/10010589530
We study self-organized models for information transmission and herd behavior in financial markets. Existing models are generalized to take into account the effect of size-dependent fragmentation and coagulation probabilities of groups of agents and to include a demand process. Non-universal...
Persistent link: https://www.econbiz.de/10010590102
Two models for random graph formation are introduced that use a set of vertices with an associated set of vectors. A random process determines whether edges will be formed or clusters of connected vertices destroyed: edge-formation between vertices with similar vectors is preferred, and cluster...
Persistent link: https://www.econbiz.de/10010590522
The distribution of patients’ lengths of stay in English hospitals is measured by using routinely collected data from 11 years. It is found to be well approximated by a power law distribution spanning over more than three decades. To explain this observation, a theoretical resource allocation...
Persistent link: https://www.econbiz.de/10010590861
We discuss various existing models which mimic the herding effect in financial markets and introduce a new model of herding which incorporates both growth and coagulation. In this model, at each time step either (i) with probability p the system grows through the introduction of a new agent or...
Persistent link: https://www.econbiz.de/10010590876
A cut-and-paste model which mimics a trial-and-error process of adaptation is introduced and solved. The model, which can be thought of as a diffusion process with memory, is characterized by two properties, efficiency and persistence. We establish a link between these properties and determine...
Persistent link: https://www.econbiz.de/10010591091