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We show that there is a common mode of origin for the power laws observed in two different models: (i) the Pareto law for the distribution of money among the agents with random-saving propensities in an ideal gas-like market model and (ii) the Gutenberg–Richter law for the distribution of...
Persistent link: https://www.econbiz.de/10010873764
We determine the geometrical properties of the most probable paths at finite temperatures T, between two points separated by a distance r, in one-dimensional lattices with positive energies of interaction εi associated with bond i. The most probable path-length tmp in a homogeneous medium...
Persistent link: https://www.econbiz.de/10011060605
A one-dimensional probabilistic cellular automaton that models a transition from elementary rule 4 to elementary rule 22 (following Wolfram's nomenclature scheme) is studied here. The evolution of the automaton follows rule 4 with probability 1 − p and rule 22 with probability p. In course of...
Persistent link: https://www.econbiz.de/10011061862
The characteristics of the distribution of transient times of a one-dimensional probabilistic cellular automaton are studied by computer simulation. The mean and width of the distribution are found to diverge by the same power-law at each of the two critical points, pc1 = 0 and pc2 0.75, of the...
Persistent link: https://www.econbiz.de/10010587018