We model the price of a stock via a Lang\'{e}vin equation with multi-dimensional fluctuations coupled in the price and in time. We generalize previous models in that we assume that the fluctuations conditioned on the time step are compound Poisson processes with operator stable jump intensities....

We develop a novel approach to peer pressure and Generalised Lotka-Volterra (GLV) models that builds on the development of a simple Langevin equation that characterises stochastic processes. We generalise the approach to stochastic equations that model interacting agents. The agent models...

We review some approaches to the understanding of fluctuations of financial asset prices. Our approach builds on the development of a simple Langevin equation that characterises stochastic processes. This provides a unifying approach that allows first a straightforward description of the early...

Ising or Potts models of ferromagnetism have been widely used to describe locally interacting social or economic systems. We consider a related model, introduced by Sznajd to describe the evolution of consensus in a society. In this model, the opinion or state of any spins can only be changed...

We develop a model of trading orders based on opinion dynamics. The agents may be thought as the share holders of a major mutual fund rather than as direct traders. The balance between their buy and sell orders determines the size of the fund order (volume) and has an impact on prices and...

We analyse, following recent work of Roehner, changes in house prices for both the UK and Ireland. We conclude that prices in the UK/London have reached a tipping point and relative to inflation are set to fall over the next few years. House prices (again relative to inflation) in Ireland are...

No abstract received.