Stochastic theory of log-periodic patterns
Enrique Canessa; Enrique Canessa; The Abdus Salam International Centre for Theoretical Physics, PO Box 586, Trieste, Italy
Журнал:
Journal of Physics A: Mathematical and General
Дата:
2000-12-22
Аннотация:
We introduce an analytical model based on birth-death clustering processes to help in understanding the empirical log-periodic corrections to power law scaling and the finite-time singularity as reported in several domains including rupture, earthquakes, world population and financial systems. In our stochastic theory log-periodicities are a consequence of transient clusters induced by an entropy-like term that may reflect the amount of co-operative information carried by the state of a large system of different species. The clustering completion rates for the system are assumed to be given by a simple linear death process. The singularity at t<sub>0</sub> is derived in terms of birth-death clustering coefficients.
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