Dual Dynamics theory

A theory based on dual dynamics (propagation and confinement) is proposed in a mathematical framework including a redefinition of quantum states, creation and annihilation operators, fermions and bosons distinction but also of colored charges and spins. Particles interactions are found to be either direct (fermion-fermion) or indirect (mediated by bosons), as a consequence of a revisited wave-particle duality. Fundamental interactions as well as elementary particles naturally emerge from the dual driving equations applied to vector potential states. They are qualitatively compared to the content of the Standard Model, evidencing some interesting features such as confinement, hierarchy, and parity violation. Introducing nonlinear coupling terms further allows the appearance of a photon wave function and a " composite graviton field " and is foreseen to produce generations of particles through a self trapping mechanism. In the last part, cosmology is analyzed in the framework of the dual dynamics theory. The non-linearities generate Bose-Einstein condensates leading to black-holes through attracting potentials. Quasars and blazars also emerge with the introduction of " jet-particles " originating from the Legendre function of the second kind. Non-baryonic matter finally shows up in the present theory. It can form " dark " Bose-Einstein condensate creating halos around black-holes. A new definition of the equivalence principle between inertial and gravita-tional masses is proposed allowing anti-particles to have negative gravitational masses without violating the usual test experiments. This renews the concept of anti-gravity, which plays the role of dark-energy in the present theory. Finally the universe time-line is envisioned in the context of the coupled and nonlinear dual equations (propagation and confinement), requiring to revisit the Big-Bang and inflation mechanisms, the latter being attributed to a superluminal expansion, which is allowed by the nonlinear terms

High order vibration modes of glass embedded AgAu nanoparticles

High resolution low frequency Raman scattering measurements from embedded AgAu nanoparticles unveil efficient scattering by harmonics of both the quadrupolar and the spherical modes. Comparing the experimental data with theoretical calculations that account for both the embedding medium and the resonant Raman process enables a very complete description of the observed multiple components in terms of harmonics of both the quadrupolar and spherical modes, with a dominating Raman response from the former ones. It is found that only selected harmonics of the quadrupolar mode contribute significantly to the Raman spectra in agreement with earlier theoretical predictions.Comment: 11 pages, 4 figure

Determinants of immediate price impacts at the trade level in an emerging order-driven market

The common wisdom argues that, in general, large trades cause large price changes, while small trades cause small price changes. However, for extremely large price changes, the trade size and news play a minor role, while the liquidity (especially price gaps on the limit order book) is a more influencing factor. Hence, there might be other influencing factors of immediate price impacts of trades. In this paper, through mechanical analysis of price variations before and after a trade of arbitrary size, we identify that the trade size, the bid-ask spread, the price gaps and the outstanding volumes at the bid and ask sides of the limit order book have impacts on the changes of prices. We propose two regression models to investigate the influences of these microscopic factors on the price impact of buyer-initiated partially filled trades, seller-initiated partially filled trades, buyer-initiated filled trades, and seller-initiated filled trades. We find that they have quantitatively similar explanation powers and these factors can account for up to 44% of the price impacts. Large trade sizes, wide bid-ask spreads, high liquidity at the same side and low liquidity at the opposite side will cause a large price impact. We also find that the liquidity at the opposite side has a more influencing impact than the liquidity at the same side. Our results shed new lights on the determinants of immediate price impacts.Comment: 21 IOP tex pages including 5 figures and 5 tables. Accepted for publication in New Journal of Physic

Wigner and Kondo physics in quantum point contacts revealed by scanning gate microscopy

Quantum point contacts exhibit mysterious conductance anomalies in addition to well known conductance plateaus at multiples of 2e^2/h. These 0.7 and zero-bias anomalies have been intensively studied, but their microscopic origin in terms of many-body effects is still highly debated. Here we use the charged tip of a scanning gate microscope to tune in situ the electrostatic potential of the point contact. While sweeping the tip distance, we observe repetitive splittings of the zero-bias anomaly, correlated with simultaneous appearances of the 0.7 anomaly. We interpret this behaviour in terms of alternating equilibrium and non-equilibrium Kondo screenings of different spin states localized in the channel. These alternating Kondo effects point towards the presence of a Wigner crystal containing several charges with different parities. Indeed, simulations show that the electron density in the channel is low enough to reach one-dimensional Wigner crystallization over a size controlled by the tip position

Extreme times in financial markets

We apply the theory of continuous time random walks to study some aspects of the extreme value problem applied to financial time series. We focus our attention on extreme times, specifically the mean exit time and the mean first-passage time. We set the general equations for these extremes and evaluate the mean exit time for actual data.Comment: 6 pages, 3 figure

Record statistics for biased random walks, with an application to financial data

We consider the occurrence of record-breaking events in random walks with asymmetric jump distributions. The statistics of records in symmetric random walks was previously analyzed by Majumdar and Ziff and is well understood. Unlike the case of symmetric jump distributions, in the asymmetric case the statistics of records depends on the choice of the jump distribution. We compute the record rate $P_n(c)$, defined as the probability for the $n$th value to be larger than all previous values, for a Gaussian jump distribution with standard deviation $\sigma$ that is shifted by a constant drift $c$. For small drift, in the sense of $c/\sigma \ll n^{-1/2}$, the correction to $P_n(c)$ grows proportional to arctan$(\sqrt{n})$ and saturates at the value $\frac{c}{\sqrt{2} \sigma}$. For large $n$ the record rate approaches a constant, which is approximately given by $1-(\sigma/\sqrt{2\pi}c)\textrm{exp}(-c^2/2\sigma^2)$ for $c/\sigma \gg 1$. These asymptotic results carry over to other continuous jump distributions with finite variance. As an application, we compare our analytical results to the record statistics of 366 daily stock prices from the Standard & Poors 500 index. The biased random walk accounts quantitatively for the increase in the number of upper records due to the overall trend in the stock prices, and after detrending the number of upper records is in good agreement with the symmetric random walk. However the number of lower records in the detrended data is significantly reduced by a mechanism that remains to be identified.Comment: 16 pages, 7 figure

Accurate characterization of tip-induced potential using electron interferometry

Using the tip of a scanning probe microscope as a local electrostatic gate gives access to real space information on electrostatics as well as charge transport at the nanoscale, provided that the tip-induced electrostatic potential is well known. Here, we focus on the accurate characterization of the tip potential, in a regime where the tip locally depletes a two-dimensional electron gas (2DEG) hosted in a semiconductor heterostructure. Scanning the tip in the vicinity of a quantum point contact defined in the 2DEG, we observe Fabry-P\'erot interference fringes at low temperature in maps of the device conductance. We exploit the evolution of these fringes with the tip voltage to measure the change in depletion radius by electron interferometry. We find that a semi-classical finite-element self-consistent model taking into account the conical shape of the tip reaches a faithful correspondence with the experimental data

Record Statistics for Multiple Random Walks

We study the statistics of the number of records R_{n,N} for N identical and independent symmetric discrete-time random walks of n steps in one dimension, all starting at the origin at step 0. At each time step, each walker jumps by a random length drawn independently from a symmetric and continuous distribution. We consider two cases: (I) when the variance \sigma^2 of the jump distribution is finite and (II) when \sigma^2 is divergent as in the case of L\'evy flights with index 0 < \mu < 2. In both cases we find that the mean record number grows universally as \sim \alpha_N \sqrt{n} for large n, but with a very different behavior of the amplitude \alpha_N for N > 1 in the two cases. We find that for large N, \alpha_N \approx 2 \sqrt{\log N} independently of \sigma^2 in case I. In contrast, in case II, the amplitude approaches to an N-independent constant for large N, \alpha_N \approx 4/\sqrt{\pi}, independently of 0<\mu<2. For finite \sigma^2 we argue, and this is confirmed by our numerical simulations, that the full distribution of (R_{n,N}/\sqrt{n} - 2 \sqrt{\log N}) \sqrt{\log N} converges to a Gumbel law as n \to \infty and N \to \infty. In case II, our numerical simulations indicate that the distribution of R_{n,N}/\sqrt{n} converges, for n \to \infty and N \to \infty, to a universal nontrivial distribution, independently of \mu. We discuss the applications of our results to the study of the record statistics of 366 daily stock prices from the Standard & Poors 500 index.Comment: 25 pages, 8 figure

Amnestically induced persistence in random walks

We study how the Hurst exponent $\alpha$ depends on the fraction $f$ of the total time $t$ remembered by non-Markovian random walkers that recall only the distant past. We find that otherwise nonpersistent random walkers switch to persistent behavior when inflicted with significant memory loss. Such memory losses induce the probability density function of the walker's position to undergo a transition from Gaussian to non-Gaussian. We interpret these findings of persistence in terms of a breakdown of self-regulation mechanisms and discuss their possible relevance to some of the burdensome behavioral and psychological symptoms of Alzheimer's disease and other dementias.Comment: 4 pages, 3 figs, subm. to Phys. Rev. Let