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We investigate the competition between barrier slowing down and proliferation induced superdiffusion in a model of population dynamics in a random force field. A one-loop RG analysis close to the critical dimension d_c=2 predicts a second order phase transition between a subdiffusive regime and...
Persistent link: https://www.econbiz.de/10005328192
We propose a general interpretation for long-range correlation effects in the activity and volatility of financial markets. This interpretation is based on the fact that the choice between `active' and `inactive' strategies is subordinated to random-walk like processes. We numerically...
Persistent link: https://www.econbiz.de/10005328193
We define and study a rather complex market model, inspired from the Santa Fe artificial market and the Minority Game. Agents have different strategies among which they can choose, according to their relative profitability, with the possibility of not participating to the market. The price is...
Persistent link: https://www.econbiz.de/10005328197