Recent decades have seen a rise in the use of physics methods to study different societal
phenomena. This development has been due to physicists venturing outside of their …

Since the subject of traffic dynamics has captured the interest of physicists, many surprising
effects have been revealed and explained. Some of the questions now understood are the …

This book concerns the use of concepts from statistical physics in the description of financial
systems. The authors illustrate the scaling concepts used in probability theory, critical …

We present a set of stylized empirical facts emerging from the statistical analysis of price
variations in various types of financial markets. We first discuss some general issues …

I find a hierarchical arrangement of stocks traded in a financial market by investigating the
daily time series of the logarithm of stock price. The topological space is a subdominant …

Concepts, methods and techniques of statistical physics in the study of correlated, as well as
uncorrelated, phenomena are being applied ever increasingly in the natural sciences …

Financial prices have been found to exhibit some universal characteristics,,,,, that resemble
the scaling laws characterizing physical systems in which large numbers of units interact …

A power law (PL) is the form taken by a large number of surprising empirical regularities in
economics and finance. This review surveys well-documented empirical PLs regarding …

Fish travel in schools, birds migrate in flocks, honeybees swarm, and ants build trails. How
and why do these collective behaviors occur? Exploring how coordinated group patterns …

The human brain spontaneously generates neural oscillations with a large variability in
frequency, amplitude, duration, and recurrence. Little, however, is known about the long …