Properties of balanced flows with bottlenecks: Common stylized facts in finance and vibration-driven vehicles

Autores
Patterson, Germán Agustín; Sornette, D.; Parisi, Daniel Ricardo
Año de publicación
2020
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
We study experimentally the properties of the flow of mechanical vibration-driven vehicles confined in two chambers connected through a narrow opening. We report that the density of particles around the opening presents critical behavior and scaling properties. By mapping this density to the financial market price, we document that the main stylized facts observed in financial systems have their counterparts in the mechanical system. The experimental model accurately reproduces financial properties such as scaling of the price fluctuation, volatility clustering, and multiscaling.
Fil: Patterson, Germán Agustín. Instituto Tecnológico de Buenos Aires; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina
Fil: Sornette, D.. Universidad de Ginebra. Facultad de Ciencias. Sección de Física; Suiza
Fil: Parisi, Daniel Ricardo. Instituto Tecnológico de Buenos Aires; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina
Materia
COLLECTIVE BEHAVIOR
ECONOPHYSICS
ACTIVE MATTER
SACLING LAWS
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
Repositorio
CONICET Digital (CONICET)
Institución
Consejo Nacional de Investigaciones Científicas y Técnicas
OAI Identificador
oai:ri.conicet.gov.ar:11336/168502
Acceder
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oai_identifier_str oai:ri.conicet.gov.ar:11336/168502
network_acronym_str CONICETDig
repository_id_str 3498
network_name_str CONICET Digital (CONICET)
spelling Properties of balanced flows with bottlenecks: Common stylized facts in finance and vibration-driven vehiclesPatterson, Germán AgustínSornette, D.Parisi, Daniel RicardoCOLLECTIVE BEHAVIORECONOPHYSICSACTIVE MATTERSACLING LAWShttps://purl.org/becyt/ford/1.3https://purl.org/becyt/ford/1We study experimentally the properties of the flow of mechanical vibration-driven vehicles confined in two chambers connected through a narrow opening. We report that the density of particles around the opening presents critical behavior and scaling properties. By mapping this density to the financial market price, we document that the main stylized facts observed in financial systems have their counterparts in the mechanical system. The experimental model accurately reproduces financial properties such as scaling of the price fluctuation, volatility clustering, and multiscaling.Fil: Patterson, Germán Agustín. Instituto Tecnológico de Buenos Aires; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; ArgentinaFil: Sornette, D.. Universidad de Ginebra. Facultad de Ciencias. Sección de Física; SuizaFil: Parisi, Daniel Ricardo. Instituto Tecnológico de Buenos Aires; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; ArgentinaAmerican Physical Society2020-04info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/168502Patterson, Germán Agustín; Sornette, D.; Parisi, Daniel Ricardo; Properties of balanced flows with bottlenecks: Common stylized facts in finance and vibration-driven vehicles; American Physical Society; Physical Review E; 101; 4; 4-2020; 1-92470-00452470-0053CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/url/https://link.aps.org/doi/10.1103/PhysRevE.101.042302info:eu-repo/semantics/altIdentifier/doi/10.1103/PhysRevE.101.042302info:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2025-09-29T09:39:29Zoai:ri.conicet.gov.ar:11336/168502instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982025-09-29 09:39:29.742CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv Properties of balanced flows with bottlenecks: Common stylized facts in finance and vibration-driven vehicles
title Properties of balanced flows with bottlenecks: Common stylized facts in finance and vibration-driven vehicles
spellingShingle Properties of balanced flows with bottlenecks: Common stylized facts in finance and vibration-driven vehicles
Patterson, Germán Agustín
COLLECTIVE BEHAVIOR
ECONOPHYSICS
ACTIVE MATTER
SACLING LAWS
title_short Properties of balanced flows with bottlenecks: Common stylized facts in finance and vibration-driven vehicles
title_full Properties of balanced flows with bottlenecks: Common stylized facts in finance and vibration-driven vehicles
title_fullStr Properties of balanced flows with bottlenecks: Common stylized facts in finance and vibration-driven vehicles
title_full_unstemmed Properties of balanced flows with bottlenecks: Common stylized facts in finance and vibration-driven vehicles
title_sort Properties of balanced flows with bottlenecks: Common stylized facts in finance and vibration-driven vehicles
dc.creator.none.fl_str_mv Patterson, Germán Agustín
Sornette, D.
Parisi, Daniel Ricardo
author Patterson, Germán Agustín
author_facet Patterson, Germán Agustín
Sornette, D.
Parisi, Daniel Ricardo
author_role author
author2 Sornette, D.
Parisi, Daniel Ricardo
author2_role author
author
dc.subject.none.fl_str_mv COLLECTIVE BEHAVIOR
ECONOPHYSICS
ACTIVE MATTER
SACLING LAWS
topic COLLECTIVE BEHAVIOR
ECONOPHYSICS
ACTIVE MATTER
SACLING LAWS
purl_subject.fl_str_mv https://purl.org/becyt/ford/1.3
https://purl.org/becyt/ford/1
dc.description.none.fl_txt_mv We study experimentally the properties of the flow of mechanical vibration-driven vehicles confined in two chambers connected through a narrow opening. We report that the density of particles around the opening presents critical behavior and scaling properties. By mapping this density to the financial market price, we document that the main stylized facts observed in financial systems have their counterparts in the mechanical system. The experimental model accurately reproduces financial properties such as scaling of the price fluctuation, volatility clustering, and multiscaling.
Fil: Patterson, Germán Agustín. Instituto Tecnológico de Buenos Aires; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina
Fil: Sornette, D.. Universidad de Ginebra. Facultad de Ciencias. Sección de Física; Suiza
Fil: Parisi, Daniel Ricardo. Instituto Tecnológico de Buenos Aires; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina
description We study experimentally the properties of the flow of mechanical vibration-driven vehicles confined in two chambers connected through a narrow opening. We report that the density of particles around the opening presents critical behavior and scaling properties. By mapping this density to the financial market price, we document that the main stylized facts observed in financial systems have their counterparts in the mechanical system. The experimental model accurately reproduces financial properties such as scaling of the price fluctuation, volatility clustering, and multiscaling.
publishDate 2020
dc.date.none.fl_str_mv 2020-04
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/168502
Patterson, Germán Agustín; Sornette, D.; Parisi, Daniel Ricardo; Properties of balanced flows with bottlenecks: Common stylized facts in finance and vibration-driven vehicles; American Physical Society; Physical Review E; 101; 4; 4-2020; 1-9
2470-0045
2470-0053
CONICET Digital
CONICET
url http://hdl.handle.net/11336/168502
identifier_str_mv Patterson, Germán Agustín; Sornette, D.; Parisi, Daniel Ricardo; Properties of balanced flows with bottlenecks: Common stylized facts in finance and vibration-driven vehicles; American Physical Society; Physical Review E; 101; 4; 4-2020; 1-9
2470-0045
2470-0053
CONICET Digital
CONICET
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/url/https://link.aps.org/doi/10.1103/PhysRevE.101.042302
info:eu-repo/semantics/altIdentifier/doi/10.1103/PhysRevE.101.042302
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv American Physical Society
publisher.none.fl_str_mv American Physical Society
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
_version_ 1844613249184563200
score 13.070432

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