We derive the exact form of the eigenvalue spectra of correlation matrices derived from a set of time-shifted, finite Brownian random walks (time-series). These matrices can be seen as real, asymmetric random matrices where the time-shift superimposes some structure. We demonstrate that, for...

Since the beginning of the 2008 financial crisis almost half a trillion euros have been spent to financially assist EU member states in taxpayer-funded bail-outs. These crisis resolutions are often accompanied by austerity programs causing political and social friction on both domestic and...

We study the temporal variability of human brain activity in timeseries of functional magnetic resonance imaging (fMRI) data. We find that these timeseries show scaling behavior which is quantified by computing various scaling exponents. We demonstrate that mentally active zones are one-to-one...

We study opinion formation processes in small social networks. In particular we show how a group’s ability for efficient decision-making depends on its size. We adopt a threshold voter model and show that there exists a characteristic size beyond which the probability of forming internal...

We show that within classical statistical mechanics it is possible to naturally derive power-law distributions which are of Tsallis type. The only assumption is that microcanonical distributions have to be separable from of the total system energy, which is reasonable for any sensible...

We build a simple model of leveraged asset purchases with margin calls. Investment funds use what is perhaps the most basic financial strategy, called ‘value investing’, i.e. systematically attempting to buy underpriced assets. When funds do not borrow, the price fluctuations of the asset...

Using a recently proposed model Physica A 332 (2004) 566 of information transport on complex networks we study the role of network substrates on the statistics of queuing times and correlations in traffic streams. When navigation with an enlarged information horizon is applied the waiting time...

Traditionally evolution is seen as a process where from a pool of possible variations of a population (e.g. biological species or industrial goods) a few variations get selected which survive and proliferate, whereas the others vanish. Survival probabilities and proliferation rates are...