Realized Volatility Analysis in A Spin Model of Financial Markets

We calculate the realized volatility in the spin model of financial markets and examine the returns standardized by the realized volatility. We find that moments of the standardized returns agree with the theoretical values of standard normal variables. This is the first evidence that the return dynamics of the spin financial market is consistent with the view of the mixture-of-distribution hypothesis that also holds in the real financial markets.Comment: 4 pages, 5 figure

Quest for potentials in the quintessence scenario

The time variation of the equation of state $w$ for quintessence scenario with a scalar field as dark energy is studied up to the third derivative ($d^3w/da^3$) with respect to the scale factor $a$, in order to predict the future observations and specify the scalar potential parameters with the observables. The third derivative of $w$ for general potential $V$ is derived and applied to several types of potentials. They are the inverse power-law ($V=M^{4+\alpha}/Q^{\alpha}$), the exponential ($V=M^4\exp{(\beta M/Q)}$), the cosine ($V=M^4(\cos (Q/f)+1)$) and the Gaussian types ($V=M^4\exp(-Q^2/\sigma^2)$), which are prototypical potentials for the freezing and thawing models. If the parameter number for a potential form is $n$, it is necessary to find at least for $n+2$ independent observations to identify the potential form and the evolution of the scalar field ($Q$ and $\dot{Q}$). Such observations would be the values of $\Omega_Q, w, dw/da. \cdots$, and $dw^n/da^n$. Since four of the above mentioned potentials have two parameters, it is necessary to calculate the third derivative of $w$ for them to estimate the predict values. If they are tested observationally, it will be understood whether the dark energy could be described by the scalar field with this potential. Numerical analysis for $d^3w/da^3$ are made under some specified parameters in the investigated potentials. It becomes possible to distinguish the freezing and thawing modes by the accurate observing $dw/da$ and $d^2w/da^2$ in some parameters.Comment: 6 pages, 2 figures. arXiv admin note: text overlap with arXiv:1503.0367

Symmetries in the third Painlev\'e equation arising from the modified Pohlmeyer-Lund-Regge hierarchy

We propose a modification of the AKNS hierarchy that includes the "modified" Pohlmeyer-Lund-Regge (mPLR) equation. Similarity reductions of this hierarchy give the second, third, and fourth Painlev\'e equations. Especially, we present a new Lax representation and a complete description of the symmetry of the third Painlev\'e equation through the similarity reduction. We also show the relation between the tau-function of the mPLR hierarchy and Painlev\'e equations.Comment: 23 page