This study aims to enhance the understanding of logarithmic asset returns. In particular, more emphasis is given to the long memory property of financial returns, a well documented stylized fact. However, in the presence of structural breaks other studies suggest that statistical tools such as...

We discuss the necessary conditions for a two-level system in the presence of an isotropic band edge to be transparent to a probe laser field. The two-level atom is transparent whenever it is coupled to a reservoir constituted of two parts—a flat and a non-flat density of modes representing a...

As an emerging financial market, the trading value of carbon emission trading market has definitely increased. In recent years, the carbon emission allowances have already become a way of investment. They are bought and sold not only by carbon emitters but also by investors. In this paper, we...

We test a historical price–time series in a financial market (the NASDAQ 100 index) for a statistical property known as detailed balance. The presence of detailed balance would imply that the market can be modeled by a stochastic process based on a Markov chain, thus leading to equilibrium....

Extrinsic periodic information including physiological cyclical and circadian replacement would affect inevitably a real cell, in this paper we investigate the effect of extrinsic periodic information on intracellular calcium dynamics by means of second-order algorithm for stochastic simulation...

In the present study, an inverse problem to estimate parameters in the Zener model of viscoelasticity based on the generalized fractional element (GFE) network is studied. The Bayesian method is proposed to obtain the optimal estimation of the viscoelastic parameters. Three examples are...

The rescaled range (R/S) analysis was used for analyzing the statistical persistence of air pollutants in Mexico City. The air-pollution time series consisted of hourly observations of ozone, nitrogen dioxide, sulfur dioxide and particulate matter obtained at the Mexico City downtown monitoring...

Recently, a new model of quantum walk, utilizing recycled coins, was introduced; however little is yet known about its properties. In this paper, we study its behavior on the cycle graph. In particular, we will consider its time averaged distribution and how it is affected by the walk’s “memory...

In this work we present an agent-based computational model to study the spreading of the tuberculosis (TB) disease on age-structured populations. The model proposed is a merge of two previous models: an agent-based computational model for the spreading of tuberculosis and a bit-string model for...

A society made up of a network of social groups is investigated. Each group is partitioned into two mutually exclusive subsets with the movement of members between the two subsets being modelled via a logistic-like equation. We consider various ways in which the groups in the network may...