Need, Greed and Noise: Competing Strategies in a Trading Model

We study an economic model where agents trade a variety of products by using one of three competing rules: "need", "greed" and "noise". We find that the optimal strategy for any agent depends on both product composition in the overall market and composition of strategies in the market. In particular, a strategy that does best on pairwise competition may easily do much worse when all are present, leading, in some cases, to a "paper, stone, scissors" circular hierarchy.Comment: 10 pages, 6 figure

Physics of Fashion Fluctuations

We consider a market where many agents trade many different types of products with each other. We model development of collective modes in this market, and quantify these by fluctuations that scale with time with a Hurst exponent of about 0.7. We demonstrate that individual products in the model occationally become globally accepted means of exchange, and simultaneously become very actively traded. Thus collective features similar to money spontaneously emerge, without any a priori reason.Comment: 9 pages RevTeX, 5 Postscript figure

Transverse Isotropy in Identical Particle Scattering

It is pointed out that the cross section for the scattering of identical charged bosons is isotropic over a broad angular range around 90 degrees when the Sommerfeld parameter has a critical value, which depends exclusively on the spin of the particle. A discussion of systems where this phenomenon can be observed is presented.Comment: 8 pages, RevTeX format, 2 figures (.eps format

A Semiclassical Approach to Fusion Reactions

The semiclassical method of Alder and Winther is generalized to study fusion reactions. As an illustration, we evaluate the fusion cross section in a schematic two-channel calculation. The results are shown to be in good agreement with those obtained with a quantal Coupled-Channels calculation. We suggest that in the case of coupling to continuum states this approach may provide a simpler alternative to the Continuum Discretized Coupled-Channels method.Comment: 6 pages, 1 figure, invited talk at the International Symposium "A new era of Nuclear Structure Physics", Niigata, Japan, Nov. 19-22 200