The SU(2)SU(2) Global Anomaly Through Level Circling

We discuss a novel manifestation of the $SU(2)$ global anomaly in an $SU(2)$ gauge theory with an odd number of chiral quark doublets and arbitrary Yukawa couplings. We argue that the massive 4-dim.($D=4$) Euclidean Dirac operator is nonhermitean with its spectrum of eigenvalues $(\lambda,-\lambda)$ lying in pairs in the complex plane. Consequently the existence of an odd number of normalizable zero modes of the 5-dim.($D=5$) massive Dirac operator is equivalent to a fermionic level exchange phenomenon, level ``circling'', under continuous topologically nontrivial deformations of the external gauge field. More generally global anomalies are a manifestation of fermionic level ``circling'' in any $SP(2n)$ gauge theory with an odd number of massive fermions in the spinor representation and arbitrary Yukawa couplings.Comment: 14 pages, NBI-HE-93-5

On sphaleron deformations induced by Yukawa interactions

Due to the presence of the chiral anomaly sphalerons with Chern-Simons number a half (CS=1/2) are the only static configurations that allow for a fermion level crossing in the two-dimensional Abelian-Higgs model with massless fermions, i.e. in the absence of Yukawa interactions. In the presence of fermion-Higgs interactions we demonstrate the existence of zero energy solutions to the one-dimensional Dirac equation at deformed sphalerons with CS$\neq 1/2 .$ Induced level crossing due to Yukawa interactions illustrates a non-trivial generalization of the Atiyah-Patodi-Singer index theorem and of the equivalence between parity anomaly in odd and the chiral anomaly in even dimensions. We discuss a subtle manifestation of this effect in the standard electroweak theory at finite temperatures.Comment: 14 pages, Latex, NBI-HE-93-7

Inverse Statistics for Stocks and Markets

In recent publications, the authors have considered inverse statistics of the Dow Jones Industrial Averaged (DJIA) [1-3]. Specifically, we argued that the natural candidate for such statistics is the investment horizons distribution. This is the distribution of waiting times needed to achieve a predefined level of return obtained from detrended historic asset prices. Such a distribution typically goes through a maximum at a time coined the {\em optimal investment horizon}, $\tau^*_\rho$, which defines the most likely waiting time for obtaining a given return $\rho$. By considering equal positive and negative levels of return, we reported in [2,3] on a quantitative gain/loss asymmetry most pronounced for short horizons. In the present paper, this gain/loss asymmetry is re-visited for 2/3 of the individual stocks presently in the DJIA. We show that this gain/loss asymmetry established for the DJIA surprisingly is {\em not} present in the time series of the individual stocks. The most reasonable explanation for this fact is that the gain/loss asymmetry observed in the DJIA as well as in the SP500 and Nasdaq are due to movements in the market as a whole, {\it i.e.}, cooperative cascade processes (or ``synchronization'') which disappear in the inverse statistics of the individual stocks.Comment: Revtex 13 pages, including 15 figure

Stochastics theory of log-periodic patterns

We introduce an analytical model based on birth-death clustering processes to help understanding the empirical log-periodic corrections to power-law scaling and the finite-time singularity as reported in several domains including rupture, earthquakes, world population and financial systems. In our stochastics theory log-periodicities are a consequence of transient clusters induced by an entropy-like term that may reflect the amount of cooperative information carried by the state of a large system of different species. The clustering completion rates for the system are assumed to be given by a simple linear death process. The singularity at t_{o} is derived in terms of birth-death clustering coefficients.Comment: LaTeX, 1 ps figure - To appear J. Phys. A: Math & Ge

Global magnetohydrodynamical models of turbulence in protoplanetary disks I. A cylindrical potential on a Cartesian grid and transport of solids

We present global 3D MHD simulations of disks of gas and solids, aiming at developing models that can be used to study various scenarios of planet formation and planet-disk interaction in turbulent accretion disks. A second goal is to show that Cartesian codes are comparable to cylindrical and spherical ones in handling the magnetohydrodynamics of the disk simulations, as the disk-in-a-box models presented here develop and sustain MHD turbulence. We investigate the dependence of the magnetorotational instability on disk scale height, finding evidence that the turbulence generated by the magnetorotational instability grows with thermal pressure. The turbulent stresses depend on the thermal pressure obeying a power law of 0.24+/-0.03, compatible with the value of 0.25 found in shearing box calculations. The ratio of stresses decreased with increasing temperature. We also study the dynamics of boulders in the hydromagnetic turbulence. The vertical turbulent diffusion of the embedded boulders is comparable to the turbulent viscosity of the flow. Significant overdensities arise in the solid component as boulders concentrate in high pressure regions.Comment: Changes after peer review proces

Log-periodic route to fractal functions

Log-periodic oscillations have been found to decorate the usual power law behavior found to describe the approach to a critical point, when the continuous scale-invariance symmetry is partially broken into a discrete-scale invariance (DSI) symmetry. We classify the `Weierstrass-type'' solutions of the renormalization group equation F(x)= g(x)+(1/m)F(g x) into two classes characterized by the amplitudes A(n) of the power law series expansion. These two classes are separated by a novel ``critical'' point. Growth processes (DLA), rupture, earthquake and financial crashes seem to be characterized by oscillatory or bounded regular microscopic functions g(x) that lead to a slow power law decay of A(n), giving strong log-periodic amplitudes. In contrast, the regular function g(x) of statistical physics models with ``ferromagnetic''-type interactions at equibrium involves unbound logarithms of polynomials of the control variable that lead to a fast exponential decay of A(n) giving weak log-periodic amplitudes and smoothed observables. These two classes of behavior can be traced back to the existence or abscence of ``antiferromagnetic'' or ``dipolar''-type interactions which, when present, make the Green functions non-monotonous oscillatory and favor spatial modulated patterns.Comment: Latex document of 29 pages + 20 ps figures, addition of a new demonstration of the source of strong log-periodicity and of a justification of the general offered classification, update of reference lis