We introduce an auto-regressive model which captures the growing nature of realistic markets. In our model agents do not trade with other agents, they interact indirectly only through a market. Change of their wealth depends, linearly on how much they invest, and stochastically on how much they...

The present study generalizes the model of extended stochastic systems with a field-dependent kinetic coefficient [M. Ibanes, J. Garcia-Ojalvo, R. Toral, J.M. Sancho, Phys. Rev. Lett. <Emphasis Type="Bold">87, 020601 (2001)] to systems with symmetric and asymmetric bistable potentials. It is found that in systems...</emphasis>

The associated relaxation time and the intensity correlation function of a bistable system driven by an additive and a multiplicative coloured noise with coloured cross-correlation are investigated. Using the Novikov theorem and the projection operator method, the analytic expressions of the...

Application of thermodynamics to driven systems is discussed. As particular examples, simple traffic flow models are considered. On a microscopic level, traffic flow is described by Bando's optimal velocity model in terms of accelerating and decelerating forces. It allows to introduce kinetic,...

Studies on thermal diffusion of lattice solitons in Fermi-Pasta-Ulam (FPU)-like lattices were recently generalized to the case of dispersive long-range interactions (LRI) of the Kac-Baker form. The variance of the soliton position shows a stronger than linear time-dependence (superdiffusion) as...

We study the stationary probability density of a Brownian particle in a potential with a single-well subject to the purely additive thermal and dichotomous noise sources. We find situations where bimodality of stationary densities emerges due to presence of dichotomous noise. The solutions are...

In complex systems such as turbulent flows and financial markets, the dynamics in long and short time-lags, signaled by Gaussian and fat-tailed statistics, respectively, calls for a unified description. To address this issue we analyze a real dataset, namely, price fluctuations, in a wide range...

Lie groups involving potential symmetries are applied in connection with the system of magnetohydrodynamic equations for incompressible matter with Ohm's law for finite resistivity and Hall current in cylindrical geometry. Some simplifications allow to obtain a Fokker-Planck type equation....