Statistical physics of adaptive correlation of agents in a market

AIP CONF PROC 553 (2001) 95-100

Authors:

D Sherrington, JP Garrahan, E Moro

Abstract:

Recent results and interpretations are presented for the thermal minority game, concentrating on deriving and justifying the fundamental stochastic differential equation for the microdynamics.

Theory of asymmetric nonadditive binary hard-sphere mixtures

PHYSICAL REVIEW E 64:5 (2001) ARTN 051202

Authors:

R Roth, R Evans, AA Louis

Simulations of liquid crystals in Poiseuille flow

(2000)

Authors:

Colin Denniston, Enzo Orlandini, JM Yeomans

Glassy behaviour in a simple topological model

Journal of Physics A: Mathematical and General 33:48 (2000) 8615-8625

Authors:

L Davison, D Sherrington

Abstract:

In this paper we study a simple, purely topological, cellular model which is allowed to evolve through a Glauber-Kawasaki process. We find a non-thermodynamic transition to a glassy phase in which the energy (defined as the square of the local cell topological charge) fails to reach the equilibrium value below a characteristic temperature which is dependent on the cooling rate. We investigate a correlation function which exhibits ageing behaviour, and follows a master curve in the stationary regime when time is rescaled by a factor of the relaxation time tr. This master curve can be fitted by a von Schweidler law in the late β-relaxation regime. The relaxation times can be well fitted at all temperatures by an offset Arrhenius law. A power law can be fitted to an intermediate-temperature regime; the exponent of the power law and the von Schweidler law roughly agree with the relationship predicted by mode-coupling theory. By defining a suitable response function, we find that the fluctuation-dissipation ratio is held until sometime later than the appearance of the plateaux; non-monotonicity of the response is observed after this ratio is broken, a feature which has been observed in other models with dynamics involving activated processes.

Cavagna et al. reply:

Phys Rev Lett 85:23 (2000) 5009

Authors:

A Cavagna, JP Garrahan, I Giardina, D Sherrington