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A hypothesis that the financial log-periodicity, cascading self-similarly through various time scales, carries signatures of a law is pursued. It is shown that the most significant historical financial events can be classified amazingly well using a single and unique value of the preferred...
Persistent link: https://www.econbiz.de/10011057413
We investigate the origin of order in the low-lying spectra of many-body systems with random two-body interactions. Our study based both on analytical as well as on numerical arguments shows that except for the most J-stretched states, the ground states in the higher J-sectors are more orderly...
Persistent link: https://www.econbiz.de/10011058528
There is no term that better describes the essential features of human society than complexity. On various levels, from the decision-making processes of individuals, through to the interactions between individuals leading to the spontaneous formation of groups and social hierarchies, up to the...
Persistent link: https://www.econbiz.de/10012586642