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

The fate of Reissner-Nortstr\"{o}m black hole in the Einstein-Yang-Mills-Higgs system

We study about an evaporating process of black holes in SO(3) Einstein-Yang-Mills-Higgs system. We consider a massless scalar field which couple neither with the Yang-Mills field nor with the Higgs field surrounding the black hole. We discuss differences in evaporating rate between a monopole black hole and a Reissner-Nortstr\"{o}m (RN) black hole.Comment: 9 pages, 8 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

The C_2 heat-kernel coefficient in the presence of boundary discontinuities

We consider the heat-kernel on a manifold whose boundary is piecewise smooth. The set of independent geometrical quantities required to construct an expression for the contribution of the boundary discontinuities to the C_{2} heat-kernel coefficient is derived in the case of a scalar field with Dirichlet and Robin boundary conditions. The coefficient is then determined using conformal symmetry and evaluation on some specific manifolds. For the Robin case a perturbation technique is also developed and employed. The contributions to the smeared heat-kernel coefficient and cocycle function are calculated. Some incomplete results for spinor fields with mixed conditions are also presented.Comment: 25 pages, LaTe

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