Statistical properties of stock order books: empirical results and models

We investigate several statistical properties of the order book of three liquid stocks of the Paris Bourse. The results are to a large degree independent of the stock studied. The most interesting features concern (i) the statistics of incoming limit order prices, which follows a power-law around the current price with a diverging mean; and (ii) the humped shape of the average order book, which can be quantitatively reproduced using a `zero intelligence' numerical model, and qualitatively predicted using a simple approximation.Comment: Revised version, 10 pages, 4 .eps figures. to appear in Quantitative Financ

Non-Abelian Black Holes in Brans-Dicke Theory

We find a black hole solution with non-Abelian field in Brans-Dicke theory. It is an extension of non-Abelian black hole in general relativity. We discuss two non-Abelian fields: "SU(2)" Yang-Mills field with a mass (Proca field) and the SU(2)$\times$SU(2) Skyrme field. In both cases, as in general relativity, there are two branches of solutions, i.e., two black hole solutions with the same horizon radius. Masses of both black holes are always smaller than those in general relativity. A cusp structure in the mass-horizon radius ($M_{g}$-$r_{h}$) diagram, which is a typical symptom of stability change in catastrophe theory, does not appear in the Brans-Dicke frame but is found in the Einstein conformal frame. This suggests that catastrophe theory may be simply applied for a stability analysis as it is if we use the variables in the Einstein frame. We also discuss the effects of the Brans-Dicke scalar field on black hole structure.Comment: 31 pages, revtex, 21 figure

Non-Abelian Black Holes and Catastrophe Theory I : Neutral Type

We re-analyze the globally neutral non-Abelian black holes and present a unified picture, classifying them into two types; Type I (black holes with massless non-Abelian field) and Type II (black holes with ``massive" non-Abelian field). For the Type II, there are two branches: The black hole in the high-entropy branch is ``stable" and almost neutral, while that in the low entropy branch, which is similar to the Type I, is unstable and locally charged. To analyze their stabilities, we adopt the catastrophe theoretic method, which reveals us a universal picture of stability of the black holes. It is shown that the isolated Type II black hole has a fold catastrophe structure. In a heat bath system, the Type I black hole shows a cusp catastrophe, while the Type II has both fold and cusp catastrophe.Comment: 27pages, LaTex style, WU-AP/39/94. Figures are available (hard copies) upon requests [[email protected] (T.Torii)

Dilatonic Black Holes with Gauss-Bonnet Term

We discuss black holes in an effective theory derived from a superstring model, which includes a dilaton field, a gauge field and the Gauss-Bonnet term. Assuming U(1) or SU(2) symmetry for the gauge field, we find four types of spherically symmetric solutions, i.e., a neutral, an electrically charged, a magnetically charged and a ``colored'' black hole, and discuss their thermodynamical properties and fate via the Hawking evaporation process. For neutral and electrically charged black holes, we find critical point and a singular end point. Below the mass corresponding to the critical point, nosolution exists, while the curvature on the horizon diverges and anaked singularity appears at the singular point. A cusp structure in the mass-entropy diagram is found at the critical point and black holes on the branch between the critical and singular points become unstable. For magnetically charged and ``colored" black holes, the solution becomes singular just at the end point with a finite mass. Because the black hole temperature is always finite even at the critical point or the singular point, we may conclude that the evaporation process will not be stopped even at the critical point or the singular point, and the black hole will move to a dynamical evaporation phase or a naked singularity will appear.Comment: 31pages, 11figures, LaTex styl

Heat kernel coefficients for chiral bag boundary conditions

We study the asymptotic expansion of the smeared L2-trace of fexp(-tP^2) where P is an operator of Dirac type, f is an auxiliary smooth smearing function which is used to localize the problem, and chiral bag boundary conditions are imposed. Special case calculations, functorial methods and the theory of zeta and eta invariants are used to obtain the boundary part of the heat-kernel coefficients a1 and a2.Comment: Published in J. Phys. A38, 2259-2276 (2005). Record without file already exists on the SLAC recor

Perturbations of global monopoles as a black hole's hair

We study the stability of a spherically symmetric black hole with a global monopole hair. Asymptotically the spacetime is flat but has a deficit solid angle which depends on the vacuum expectation value of the scalar field. When the vacuum expectation value is larger than a certain critical value, this spacetime has a cosmological event horizon. We investigate the stability of these solutions against the spherical and polar perturbations and confirm that the global monopole hair is stable in both cases. Although we consider some particular modes in the polar case, our analysis suggests the conservation of the "topological charge" in the presence of the event horizons and violation of black hole no-hair conjecture in asymptotically non-flat spacetime.Comment: 11 pages, 2 figures, some descriptions were improve

Euclidean Black Hole Vortices

We argue the existence of solutions of the Euclidean Einstein equations that correspond to a vortex sitting at the horizon of a black hole. We find the asymptotic behaviours, at the horizon and at infinity, of vortex solutions for the gauge and scalar fields in an abelian Higgs model on a Euclidean Schwarzschild background and interpolate between them by integrating the equations numerically. Calculating the backreaction shows that the effect of the vortex is to cut a slice out of the Euclidean Schwarzschild geometry. Consequences of these solutions for black hole thermodynamics are discussed.Comment: 24 page

Horizons Inside Classical Lumps

Hopefully tex-able version.Comment: 13 pages, UMHEP-37

On the absence of scalar hair for charged rotating blackholes in non minimally coupled theories

In this work we check the validity of the no scalar hair theorem in charged axisymmetric stationary black holes for a wide class of scalar tensor theories.Comment: Revtex style, 11 pages, major rivisions done, appendix added, title change

Gauge-Averaging Functionals for Euclidean Maxwell Theory in the Presence of Boundaries

This paper studies the one-loop expansion of the amplitudes of electromagnetism about flat Euclidean backgrounds bounded by a 3-sphere, recently considered in perturbative quantum cosmology, by using zeta-function regularization. For a specific choice of gauge-averaging functional, the contributions to the full zeta value owed to physical degrees of freedom, decoupled gauge mode, coupled gauge modes and Faddeev-Popov ghost field are derived in detail, and alternative choices for such a functional are also studied. This analysis enables one to get a better understanding of different quantization techniques for gauge fields and gravitation in the presence of boundaries.Comment: 41 pages, plain-tex, recently appearing in Classical and Quantum Gravity, volume 11, pages 905-926, April 1994. The author wants to apologize for the delay in circulating the file, due to technical problems now fixe