6 research outputs found
Anomalous scaling due to correlations: Limit theorems and self-similar processes
We derive theorems which outline explicit mechanisms by which anomalous
scaling for the probability density function of the sum of many correlated
random variables asymptotically prevails. The results characterize general
anomalous scaling forms, justify their universal character, and specify
universality domains in the spaces of joint probability density functions of
the summand variables. These density functions are assumed to be invariant
under arbitrary permutations of their arguments. Examples from the theory of
critical phenomena are discussed. The novel notion of stability implied by the
limit theorems also allows us to define sequences of random variables whose sum
satisfies anomalous scaling for any finite number of summands. If regarded as
developing in time, the stochastic processes described by these variables are
non-Markovian generalizations of Gaussian processes with uncorrelated
increments, and provide, e.g., explicit realizations of a recently proposed
model of index evolution in finance.Comment: Through text revision. 15 pages, 3 figure
Accreting Millisecond X-Ray Pulsars
Accreting Millisecond X-Ray Pulsars (AMXPs) are astrophysical laboratories
without parallel in the study of extreme physics. In this chapter we review the
past fifteen years of discoveries in the field. We summarize the observations
of the fifteen known AMXPs, with a particular emphasis on the multi-wavelength
observations that have been carried out since the discovery of the first AMXP
in 1998. We review accretion torque theory, the pulse formation process, and
how AMXP observations have changed our view on the interaction of plasma and
magnetic fields in strong gravity. We also explain how the AMXPs have deepened
our understanding of the thermonuclear burst process, in particular the
phenomenon of burst oscillations. We conclude with a discussion of the open
problems that remain to be addressed in the future.Comment: Review to appear in "Timing neutron stars: pulsations, oscillations
and explosions", T. Belloni, M. Mendez, C.M. Zhang Eds., ASSL, Springer;
[revision with literature updated, several typos removed, 1 new AMXP added
Aftershock prediction for high-frequency financial markets' dynamics
The occurrence of aftershocks following a major financial crash mani-
fests the critical dynamical response of financial markets. Aftershocks put additional
stress on markets, with conceivable dramatic consequences. Such a phenomenon
has been shown to be common to most financial assets, both at high and low fre-
quency. Its present-day description relies on an empirical characterization proposed
by Omori at the end of 1800 for seismic earthquakes. We point out the limited pre-
dictive power in this phenomenological approach and present a stochastic model,
based on the scaling symmetry of financial assets, which is potentially capable to
predict aftershocks occurrence, given the main shock magnitude. Comparisons with
S&P high-frequency data confirm this predictive potential
Topological disentanglement of linear polymers under tension
We develop a theoretical description of the topological disentanglement occurring when torus knots reach the ends of a semiflexible polymer under tension. These include decays into simpler knots and total unknotting. The minimal number of crossings and the minimal knot contour length are the topological invariants playing a key role in the model. The crossings behave as particles diffusing along the chain and the application of appropriate boundary conditions at the ends of the chain accounts for the knot disentanglement. Starting from the number of particles and their positions, suitable rules allow reconstructing the type and location of the knot moving on the chain Our theory is extensively benchmarked with corresponding molecular dynamics simulations and the results show a remarkable agreement between the simulations and the theoretical predictions of the model