In this study we investigate various well-known time-independent models of asset returns being simple normal distribution, Student t-distribution, Lévy, truncated Lévy, general stable distribution, mixed diffusion jump, and compound normal distribution. For this we use Standard and Poor's 500...

We study the phenomenon of internal avalanching within the context of recently proposed “Tetris” lattice models for granular media. We consider a packing of particles subjected to two different dynamics. In the first case, we arrest the system at different instances during an “aging”...