Gamma-distribution and wealth inequality

We discuss the equivalence between kinetic wealth-exchange models, in which agents exchange wealth during trades, and mechanical models of particles, exchanging energy during collisions. The universality of the underlying dynamics is shown both through a variational approach based on the minimization of the Boltzmann entropy and a complementary microscopic analysis of the collision dynamics of molecules in a gas. In various relevant cases the equilibrium distribution is the same for all these models, namely a gamma-distribution with suitably defined temperature and number of dimensions. This in turn allows one to quantify the inequalities observed in the wealth distributions and suggests that their origin should be traced back to very general underlying mechanisms: for instance, it follows that the smaller the fraction of the relevant quantity (e.g. wealth or energy) that agents can exchange during an interaction, the closer the corresponding equilibrium distribution is to a fair distribution.Comment: Presented to the International Workshop and Conference on: Statistical Physics Approaches to Multi-disciplinary Problems, January 07-13, 2008, IIT Guwahati, Indi

Relaxation in statistical many-agent economy models

We review some statistical many-agent models of economic and social systems inspired by microscopic molecular models and discuss their stochastic interpretation. We apply these models to wealth exchange in economics and study how the relaxation process depends on the parameters of the system, in particular on the saving propensities that define and diversify the agent profiles.Comment: Revised final version. 6 pages, 5 figure

Enteroaggregative Escherichia coli: An Emerging Enteric Food Borne Pathogen

Enteroaggregative Escherichia coli (EAEC) are quite heterogeneous category of an emerging enteric pathogen associated with cases of acute or persistent diarrhea worldwide in children and adults, and over the past decade has received increasing attention as a cause of watery diarrhea, which is often persistent. EAEC infection is an important cause of diarrhea in outbreak and non-outbreak settings in developing and developed countries. Recently, EAEC has been implicated in the development of irritable bowel syndrome, but this remains to be confirmed. EAEC is defined as a diarrheal pathogen based on its characteristic aggregative adherence (AA) to HEp-2 cells in culture and its biofilm formation on the intestinal mucosa with a “stacked-brick” adherence phenotype, which is related to the presence of a 60 MDa plasmid (pAA). At the molecular level, strains demonstrating the aggregative phenotype are quite heterogeneous; several virulence factors are detected by polymerase chain reaction; however, none exhibited 100% specificity. Although several studies have identified specific virulence factor(s) unique to EAEC, the mechanism by which EAEC exerts its pathogenesis is, thus, far unknown. The present review updates the current knowledge on the epidemiology, chronic complications, detection, virulence factors, and treatment of EAEC, an emerging enteric food borne pathogen

Dynamic asset trees and Black Monday

The minimum spanning tree, based on the concept of ultrametricity, is constructed from the correlation matrix of stock returns. The dynamics of this asset tree can be characterised by its normalised length and the mean occupation layer, as measured from an appropriately chosen centre called the `central node'. We show how the tree length shrinks during a stock market crisis, Black Monday in this case, and how a strong reconfiguration takes place, resulting in topological shrinking of the tree.Comment: 6 pages, 3 eps figues. Elsevier style. Will appear in Physica A as part of the Bali conference proceedings, in pres

Feebly-interacting dark matter

We briefly review scenarios with feebly interacting particles (FIMPs) as dark matter candidates. The discussion covers issues with dark matter production in the early universe as well as signatures of FIMPs at the high energy and high intensity frontier as well as in astroparticle and cosmology.Comment: 6 pages, 2 captioned figures. Review article for EPJ ST Special Issue: Frontier 23: Elementary particle physics, dark matter and astroparticle physic

UV completion of an axial, leptophobic, Z′Z^\prime

The $Z'$-portal is one of most popular and well-explored scenarios of dark matter (DM). To avoid the strong constraints coming from dilepton resonance searches at the LHC and direct detection of DM, it is usually required that in addition to being leptophobic, the $Z'$ is axially coupled to either the (fermionic) DM or the standard model (SM) quarks. The first possibility has been extensively studied both in the context of simplified model and UV complete scenarios. However, the studies on the second possibiliy are largely confined to simplified models only. Here, we construct the minimal UV completion of these models satisfying both the criteria of leptophobia and purely axial $Z'-$quark coupling. The anomaly cancellation conditions demand highly non-trivial structures, not only in the dark sector, but also in the Higgs sector.Comment: 15 pages. Improved version with phenomenological implications addressed and references adde

Study of statistical correlations in intraday and daily financial return time series

The aim of this article is to briefly review and make new studies of correlations and co-movements of stocks, so as to understand the "seasonalities" and market evolution. Using the intraday data of the CAC40, we begin by reasserting the findings of Allez and Bouchaud [New J. Phys. 13, 025010 (2011)]: the average correlation between stocks increases throughout the day. We then use multidimensional scaling (MDS) in generating maps and visualizing the dynamic evolution of the stock market during the day. We do not find any marked difference in the structure of the market during a day. Another aim is to use daily data for MDS studies, and visualize or detect specific sectors in a market and periods of crisis. We suggest that this type of visualization may be used in identifying potential pairs of stocks for "pairs trade".Comment: 22 pages, 11 figures, Springer-Verlag format. To appear in the conference proceedings of Econophys-Kolkata VI: "Econophysics of systemic risk and network dynamics", Eds. F. Abergel, B.K. Chakrabarti, A. Chakraborti and A. Ghosh, to be published by Springer-Verlag (Italia), Milan (2012