The Opinion Game: Stock price evolution from microscopic market modelling

We propose a class of Markovian agent based models for the time evolution of a share price in an interactive market. The models rely on a microscopic description of a market of buyers and sellers who change their opinion about the stock value in a stochastic way. The actual price is determined in realistic way by matching (clearing) offers until no further transactions can be performed. Some analytic results for a non-interacting model are presented. We also propose basic interaction mechanisms and show in simulations that these already reproduce certain particular features of prices in real stock markets.Comment: 14 pages, 5 figure

Pilot-WINGS: An extended MUSE view of the structure of Abell 370

We investigate the strong-lensing cluster Abell 370 (A370) using a wide Integral Field Unit (IFU) spectroscopic mosaic from the Multi-Unit Spectroscopic Explorer (MUSE). IFU spectroscopy provides significant insight into the structure and mass content of galaxy clusters, yet IFU-based cluster studies focus almost exclusively on the central Einstein-radius region. Covering over 14 arcmin2, the new MUSE mosaic extends significantly beyond the A370 Einstein radius, providing, for the first time, a detailed look at the cluster outskirts. Combining these data with wide-field, multi-band Hubble Space Telescope (HST) imaging from the BUFFALO project, we analyse the distribution of objects within the cluster and along the line of sight. Identifying 416 cluster galaxies, we use kinematics to trace the radial mass profile of the halo, providing a mass estimate independent from the lens model. We also measure radially averaged properties of the cluster members, tracking their evolution as a function of infall. Thanks to the high spatial resolution of our data, we identify six cluster members acting as galaxy–galaxy lenses, which constrain localized mass distributions beyond the Einstein radius. Finally, taking advantage of MUSE’s 3D capabilities, we detect and analyse multiple spatially extended overdensities outside of the cluster that influence lensing-derived halo mass estimates. We stress that much of this work is only possible thanks to the robust, extended IFU coverage, highlighting its importance even in less optically dense cluster regions. Overall, this work showcases the power of combining HST + MUSE, and serves as the initial step towards a larger and wider program targeting several clusters

System size and centrality dependence of the balance function in A+A collisions at sqrt[sNN]=17.2 GeV

Electric charge correlations were studied for p+p, C+C, Si+Si, and centrality selected Pb+Pb collisions at sqrt[sNN]=17.2 GeV with the NA49 large acceptance detector at the CERN SPS. In particular, long-range pseudorapidity correlations of oppositely charged particles were measured using the balance function method. The width of the balance function decreases with increasing system size and centrality of the reactions. This decrease could be related to an increasing delay of hadronization in central Pb+Pb collisions

BUFFALO/Flashlights: Constraints on the abundance of lensed supergiant stars in the Spock galaxy at redshift 1

In this work, we present a constraint on the abundance of supergiant (SG) stars at redshift z ≈ 1, based on recent observations of astrongly lensed arc at this redshift. First we derived a free-form model of MACS J0416.1-2403 using data from the Beyond Ultradeep Frontier Fields and Legacy Observations (BUFFALO) program. The new lens model is based on 72 multiply lensed galaxies thatproduce 214 multiple images, making it the largest sample of spectroscopically confirmed lensed galaxies on this cluster. The largercoverage in BUFFALO allowed us to measure the shear up to the outskirts of the cluster, and extend the range of lensing constraintsup to ∼1 Mpc from the central region, providing a mass estimate up to this radius. As an application, we make predictions for thenumber of high-redshift multiply lensed galaxies detected in future observations with the James Webb Space Telescope (JWST).Then we focus on a previously known lensed galaxy at z = 1.0054, nicknamed Spock, which contains four previously reportedtransients. We interpret these transients as microcaustic crossings of SG stars and explain how we computed the probability of suchevents. Based on simplifications regarding the stellar evolution, we find that microlensing (by stars in the intracluster medium) ofSG stars at z = 1.0054 can fully explain these events. The inferred abundance of SG stars is consistent with either (1) a numberdensity of stars with bolometric luminosities beyond the Humphreys-Davidson (HD) limit (Lmax ≈ 6 × 105 L for red stars), whichis below ∼400 stars kpc−2, or (2) the absence of stars beyond the HD limit but with a SG number density of ∼9000 kpc−2 for starswith luminosities between 105 L and 6 × 105 L. This is equivalent to one SG star per 10 × 10 pc2. Finally, we make predictions forfuture observations with JWST’s NIRcam. We find that in observations made with the F200W filter that reach 29 mag AB, if cool red SG stars exist at z ≈ 1 beyond the HD limit, they should be easily detected in this arc

BUFFALO/Flashlights: Constraints on the abundance of lensed supergiant stars in the Spock galaxy at redshift 1

We present a constraint on the abundance of supergiant (SG) stars at redshift z approx. 1, based on recent observations of a strongly lensed arc at this redshift. First we derive a free-form model of MACS J0416.1-2403 using data from the BUFFALO program. The new lens model is based on 72 multiply lensed galaxies that produce 214 multiple images, making it the largest sample of spectroscopically confirmed lensed galaxies on this cluster. The larger coverage in BUFFALO allows us to measure the shear up to the outskirts of the cluster, and extend the range of lensing constraints up to ~ 1 Mpc from the central region, providing a mass estimate up to this radius. As an application, we make predictions for the number of high-redshift multiply-lensed galaxies detected in future observations with JWST. Then we focus on a previously known lensed galaxy at z=1.0054, nicknamed Spock, which contains four previously reported transients. We interpret these transients as microcaustic crossings of SG stars and compute the probability of such events. Based on simplifications regarding the stellar evolution, we find that microlensing (by stars in the intracluster medium) of SG stars at z=1.0054 can fully explain these events. The inferred abundance of SG stars is consistent with either (1) a number density of stars with bolometric luminosities beyond the Humphreys-Davidson (HD) limit (L ~ $6\times10^5 L_{\odot}$) that is below 400 stars per sq. kpc, or (2) the absence of stars beyond the HD limit but with a SG number density of ~ 9000 per sq. kpc for stars with luminosities between $10^5$ and $6\times10^5$. This is equivalent to one SG star per 10x10 pc$^2$. We finally make predictions for future observations with JWST's NIRcam. We find that in observations made with the F200W filter that reach 29 mag AB, if cool red SG stars exist at z~1 beyond the HD limit, they should be easily detected in this arcComment: 24 pages & 18 figure

COBS — A MODEL REFLECTING THE DUALITY OF THE TWO PARADIGMS OF ASYNCHRONOUS COMMUNICATION

We present COBS — a model of a concurrent object-based computational system with handshakes as elementary actions of inter-process communication. Processes are considered to be partial views of the system. Their communication by asynchronous message passing and variable sharing is modeled by elementary processes on the same abstraction level. The same acts of computation and communication can be observed in two ways — from the point of view of each of the two principal paradigms of asynchronous communication. The choice of one of the two dual views may influence the programming style and/or the efficiency of programs, based on availability of the supporting hardware and software tools. However, the model documents that there is no principal obstacle in re-programming any asynchronous system of processes using the dual paradigm