Various studies have reported that many economic systems have been exhibiting an increase in the correlation between different market sectors, a factor that exacerbates the level of systemic risk. We measure this systemic risk of three major world shipping markets, (i) the new ship market, (ii)...

Due to their complexity, real dynamic systems are widely regarded as operating on the boundary between order and chaos. Therefore it is of great interest to determine analytical expressions for this boundary. For random Boolean networks model, a well known critical value of bias is established...

The ferromagnetic mixed spin-12 and spin-32 Blume–Capel model on the two-fold Cayley tree is investigated using the exact recursion relations. The thermal behavior of magnetizations is studied in detail for different values of the crystal-field interaction Δ and the coordination number q of...