Study of the Wealth Inequality in the Minority Game

To demonstrate the usefulness of physical approaches for the study of realistic economic systems, we investigate the inequality of players' wealth in one of the most extensively studied econophysical models, namely, the minority game (MG). We gauge the wealth inequality of players in the MG by a well-known measure in economics known as the modified Gini index. From our numerical results, we conclude that the wealth inequality in the MG is very severe near the point of maximum cooperation among players, where the diversity of the strategy space is approximately equal to the number of strategies at play. In other words, the optimal cooperation between players comes hand in hand with severe wealth inequality. We also show that our numerical results in the asymmetric phase of the MG can be reproduced semi-analytically using a replica method.Comment: 9 pages in revtex 4 style with 3 figures; minor revision with a change of title; to appear in PR

Wigner crystal and bubble phases in graphene in the quantum Hall regime

Graphene, a single free-standing sheet of graphite with honeycomb lattice structure, is a semimetal with carriers that have linear dispersion. A consequence of this dispersion is the absence of Wigner crystallization in graphene, since the kinetic and potential energies both scale identically with the density of carriers. We study the ground state of graphene in the presence of a strong magnetic field focusing on states with broken translational symmetry. Our mean-field calculations show that at integer fillings a uniform state is preferred, whereas at non-integer filling factors Wigner crystal states (with broken translational symmetry) have lower energy. We obtain the phase diagram of the system. We find that it is qualitatively similar to that of quantum Hall systems in semiconductor heterostructures. Our analysis predicts that non-uniform states, including Wigner crystal state, will occur in graphene in the presence of a magnetic field and will lead to anisotropic transport in high Landau levels.Comment: New references added; 9 pages, 9 figures, (paper with high-resolution images is available at http://www.physics.iupui.edu/yogesh/graphene.pdf

Phase Diffusion in Single-Walled Carbon Nanotube Josephson Transistors

We investigate electronic transport in Josephson junctions formed by single-walled carbon nanotubes coupled to superconducting electrodes. We observe enhanced zero-bias conductance (up to 10e^2/h) and pronounced sub-harmonic gap structures in differential conductance, which arise from the multiple Andreev reflections at superconductor/nanotube interfaces. The voltage-current characteristics of these junctions display abrupt switching from the supercurrent branch to resistive branch, with a gate-tunable switching current ranging from 50 pA to 2.3 nA. The finite resistance observed on the supercurrent branch and the magnitude of the switching current are in good agreement with calculation based on the model of classical phase diffusion

Effective Hamiltonian and low-lying energy clustering patterns of four-sublattice antiferromagnets

We study the low-lying energy clustering patterns of quantum antiferromagnets with p sublattices (in particular p=4). We treat each sublattice as a large spin, and using second-order degenerate perturbation theory, we derive the effective (biquadratic) Hamiltonian coupling the p large spins. In order to compare with exact diagonalizations, the Hamiltonian is explicitly written for a finite-size lattice, and it contains information on energies of excited states as well as the ground state. The result is applied to the face-centered-cubic Type I antiferromagnet of spin 1/2, including second-neighbor interactions. A 32-site system is exactly diagonalized, and the energy spectrum of the low-lying singlets follows the analytically predicted clustering pattern.Comment: 17 pages, 4 table