We apply the equal load-sharing fiber bundle model of fracture failure in composite materials to model the traffic failure in a system of parallel road network in a city. For some special distributions of traffic handling capacities (thresholds) of the roads, the critical behavior of the jamming...

We estimate the transmittance of the quantum percolation model of Eggarter and Kirkpatrick on square lattices of various sizes using the vector recursion technique. We note from arguments of finite size scaling theory that there is no delocalisation transition for any degree of disorder in two...

Following the success of the study of response to local short-duration pulses (of magnetic field, additional ‘sands’, etc.) on magnetic systems and the BTW (sand-pile) model, to locate accurately the respective critical points, the responses to similar short duration pulses (of electric...

Social inequality manifested across different strata of human existence can be quantified in several ways. Here we compute non-entropic measures of inequality such as Lorenz curve, Gini index and the recently introduced k index analytically from known distribution functions. We characterize the...

We will utilise the self-avoiding walk (SAW) mapping of the vortex line conformations in turbulence to get the Kolmogorov scale dependence of energy dispersion from SAW statistics, and the knowledge of the effects of disordered fractal geometries on the SAW statistics. These will give us the...

We have studied here the self-organising features of the dynamics of a model market, where the agents ‘trade’ for a single commodity with their money. The model market consists of fixed numbers of economic agents, money supply and commodity. We demonstrate that the model, apart from showing...

In this paper, we study the inequality indices for some models of wealth exchange. We calculated Gini index and newly introduced k-index and compare the results with reported empirical data available for different countries. We have found lower and upper bounds for the indices and discuss the...

We have studied few social inequality measures associated with the sub-critical dynamical features (measured in terms of the avalanche size distributions) of four self-organized critical models while the corresponding systems approach their respective stationary critical states. It has been...

The primary goal of the book is to present the ideas and research findings of active researchers from various communities (physicists, economists, mathematicians, financial engineers) working in the field of "Econophysics", who have undertaken the task of modelling and analyzing order-driven...

The primary goal of the book is to present the ideas and research findings of active researchers from various communities (physicists, economists, mathematicians, financial engineers) working in the field of "Econophysics", who have undertaken the task of modelling and analyzing order-driven...