Medium induced Lorentz symmetry breaking effects in nonlocal PNJL models

In this paper we detail the thermodynamics of two flavor nonlocal Polyakov-Nambu-Jona-Lasinio models for different parametrizations of the quark interaction regulators. The structure of the model is upgraded in order to allow for terms in the quark selfenergy which violate Lorentz invariance due to the presence of the medium. We examine the critical properties, the phase diagram as well as the equation of state. Furthermore, some aspects of the Mott effect for pions and sigma mesons are discussed explicitly within a nonlocal Polyakov-Nambu-Jona-Lasinio model. In particular, we continued the meson polarization function in the complex energy plane and under certain approximations, we were able to extract the imaginary part as a function of the meson energy. We were not able to calculate the dynamical meson mass, and therefore resorted to a technical study of the temperature dependence of the meson width by replacing the meson energy with the temperature dependent spatial meson mass. Our results show that while the temperature behavior of the meson widths is qualitatively the same for a wide class of covariant regulators, the special case where the nonlocal interactions are introduced via the instanton liquid model singles out with a drastically different behavior.Comment: version to match the one published in PR

Recovering the chiral critical end-point via delocalization of quark interactions

We show that for the lower branch of the quark condensate and values higher than approximately $-(250 \, \mathrm{MeV})^3$ the chiral critical end-point in the Nambu--Jona-Lasinio model does not occur in the phase diagram. By using lattice motivated non-local quark interactions, we demonstrate that the critical end-point can be recovered. We study this behavior for a range of condensate values and find that the variation in the position of the critical end-point is more pronounced as the condensate is increased.Comment: title changed, minor changes in text, version to match the one published in PR

Systemic risk in dynamical networks with stochastic failure criterion

Complex non-linear interactions between banks and assets we model by two time-dependent Erd\H{o}s Renyi network models where each node, representing bank, can invest either to a single asset (model I) or multiple assets (model II). We use dynamical network approach to evaluate the collective financial failure---systemic risk---quantified by the fraction of active nodes. The systemic risk can be calculated over any future time period, divided on sub-periods, where within each sub-period banks may contiguously fail due to links to either (i) assets or (ii) other banks, controlled by two parameters, probability of internal failure $p$ and threshold $T_h$ ("solvency" parameter). The systemic risk non-linearly increases with $p$ and decreases with average network degree faster when all assets are equally distributed across banks than if assets are randomly distributed. The more inactive banks each bank can sustain (smaller $T_h$), the smaller the systemic risk---for some $T_h$ values in I we report a discontinuity in systemic risk. When contiguous spreading becomes stochastic (ii) controlled by probability $p_2$---a condition for the bank to be solvent (active) is stochastic---the systemic risk decreases with decreasing $p_2$. We analyse asset allocation for the U.S. banks.Comment: 7 pages, 7 figure

Spin dynamics of the spin-Peierls compound CuGeO_3 under magnetic field

The magnetic field--driven transition in the spin-Peierls system CuGeO_3 associated with the closing of the spin gap is investigated numerically. The field dependence of the spin dynamical structure factor (seen by inelastic neutron scattering) and of the momentum dependent static susceptibility are calculated. In the dimerized phase (H<H_c), we suggest that the strong field dependence of the transverse susceptibility could be experimentally seen from the low temperature spin-echo relaxation rate 1/T_{2G} or the second moment of the NMR spectrum. Above H_c low energy spin excitations appear at incommensurate wave vectors where the longitudinal susceptibility chi_{zz}(q) peaks.Comment: 4 pages, LaTeX, postscript figures include

Bankruptcy risk model and empirical tests

We analyze the size dependence and temporal stability of firm bankruptcy risk in the US economy by applying Zipf scaling techniques. We focus on a single risk factor-the debt-to-asset ratio R-in order to study the stability of the Zipf distribution of R over time. We find that the Zipf exponent increases during market crashes, implying that firms go bankrupt with larger values of R. Based on the Zipf analysis, we employ Bayes's theorem and relate the conditional probability that a bankrupt firm has a ratio R with the conditional probability of bankruptcy for a firm with a given R value. For 2,737 bankrupt firms, we demonstrate size dependence in assets change during the bankruptcy proceedings. Prepetition firm assets and petition firm assets follow Zipf distributions but with different exponents, meaning that firms with smaller assets adjust their assets more than firms with larger assets during the bankruptcy process. We compare bankrupt firms with nonbankrupt firms by analyzing the assets and liabilities of two large subsets of the US economy: 2,545 Nasdaq members and 1,680 New York Stock Exchange (NYSE) members. We find that both assets and liabilities follow a Pareto distribution. The finding is not a trivial consequence of the Zipf scaling relationship of firm size quantified by employees-although the market capitalization of Nasdaq stocks follows a Pareto distribution, the same distribution does not describe NYSE stocks. We propose a coupled Simon model that simultaneously evolves both assets and debt with the possibility of bankruptcy, and we also consider the possibility of firm mergers.Comment: 8 pages, 8 figure

Effect of the Kondo correlation on thermopower in a Quantum Dot

In this paper we study the thermopower of a quantum dot connected to two leads in the presence of Kondo correlation by employing a modified second-order perturbation scheme at nonequilibrium. A simple scheme, Ng's ansatz [Phys. Rev. Lett. {\bf 76}, 487 (1996)], is adopted to calculate nonequilibrium distribution Green's function and its validity is further checked with regard to the Onsager relation. Numerical results demonstrate that the sign of the thermopower can be changed by tuning the energy level of the quantum dot, leading to a oscillatory behavior with a suppressed magnitude due to the Kondo effect. We also calculate the thermal conductance of the system, and find that the Wiedemann-Franz law is obeyed at low temperature but violated with increasing temperature, corresponding to emerging and quenching of the Kondo effect.Comment: 6 pages, 4 figures; accepted for publication in J Phys.: Condensed Matte