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Sznajd Model
The Sznajd model or United we stand, divided we fall (USDF) model is a sociophysics model introduced in 2000 to gain fundamental understanding about opinion dynamics. The Sznajd model implements a phenomenon called social validation and thus extends the Ising spin model. In simple words, the model states: * Social validation: If two people share the same opinion, their neighbors will start to agree with them. * Discord destroys: If a block of adjacent persons disagree, their neighbors start to argue with them. Mathematical formulation For simplicity, one assumes that each individual i has an opinion Si which might be Boolean (S_i=-1 for ''no'', S_i=1 for ''yes'') in its simplest formulation, which means that each individual either agrees or disagrees to a given question. In the original 1D-formulation, each individual has exactly two neighbors just like beads on a bracelet. At each time step a pair of individual S_i and S_ is chosen at random to change their nearest nei ...
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Finance
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitabil ...
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Lattice Models
In mathematical physics, a lattice model is a mathematical model of a physical system that is defined on a lattice, as opposed to a continuum, such as the continuum of space or spacetime. Lattice models originally occurred in the context of condensed matter physics, where the atoms of a crystal automatically form a lattice. Currently, lattice models are quite popular in theoretical physics, for many reasons. Some models are exactly solvable, and thus offer insight into physics beyond what can be learned from perturbation theory. Lattice models are also ideal for study by the methods of computational physics, as the discretization of any continuum model automatically turns it into a lattice model. The exact solution to many of these models (when they are solvable) includes the presence of solitons. Techniques for solving these include the inverse scattering transform and the method of Lax pairs, the Yang–Baxter equation and quantum groups. The solution of these models has give ...
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Statistical Mechanics
In physics, statistical mechanics is a mathematical framework that applies statistical methods and probability theory to large assemblies of microscopic entities. It does not assume or postulate any natural laws, but explains the macroscopic behavior of nature from the behavior of such ensembles. Statistical mechanics arose out of the development of classical thermodynamics, a field for which it was successful in explaining macroscopic physical properties—such as temperature, pressure, and heat capacity—in terms of microscopic parameters that fluctuate about average values and are characterized by probability distributions. This established the fields of statistical thermodynamics and statistical physics. The founding of the field of statistical mechanics is generally credited to three physicists: * Ludwig Boltzmann, who developed the fundamental interpretation of entropy in terms of a collection of microstates *James Clerk Maxwell, who developed models of probability di ...
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Concepts In Physics
Concepts are defined as abstract ideas. They are understood to be the fundamental building blocks of the concept behind principles, thoughts and beliefs. They play an important role in all aspects of cognition. As such, concepts are studied by several disciplines, such as linguistics, psychology, and philosophy, and these disciplines are interested in the logical and psychological structure of concepts, and how they are put together to form thoughts and sentences. The study of concepts has served as an important flagship of an emerging interdisciplinary approach called cognitive science. In contemporary philosophy, there are at least three prevailing ways to understand what a concept is: * Concepts as mental representations, where concepts are entities that exist in the mind (mental objects) * Concepts as abilities, where concepts are abilities peculiar to cognitive agents (mental states) * Concepts as Fregean senses, where concepts are abstract objects, as opposed to mental obj ...
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Spin Models
Spin or spinning most often refers to: * Spinning (textiles), the creation of yarn or thread by twisting fibers together, traditionally by hand spinning * Spin, the rotation of an object around a central axis * Spin (propaganda), an intentionally biased portrayal of something Spin, spinning or spinnin may also refer to: Physics and mathematics * Spin, the rotation of an object around a central axis * Spin (physics) or particle spin, a fundamental property of elementary particles * Spin group, a particular double cover of the special orthogonal group SO(''n'') * Spin tensor, a tensor quantity for describing spinning motion in special relativity and general relativity * Spin (aerodynamics), autorotation of an aerodynamically stalled aeroplane * SPIN bibliographic database, an indexing and abstracting service focusing on physics research Textile arts * Spinning (polymers), a process for creating polymer fibres * Spinning (textiles), the creation of yarn or thread by twistin ...
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Wrocław University Of Technology
Wrocław (; german: Breslau, or . ; Silesian German: ''Brassel'') is a city in southwestern Poland and the largest city in the historical region of Silesia. It lies on the banks of the River Oder in the Silesian Lowlands of Central Europe, roughly from the Baltic Sea to the north and from the Sudeten Mountains to the south. , the official population of Wrocław is 672,929, with a total of 1.25 million residing in the metropolitan area, making it the third largest city in Poland. Wrocław is the historical capital of Silesia and Lower Silesia. Today, it is the capital of the Lower Silesian Voivodeship. The history of the city dates back over a thousand years; at various times, it has been part of the Kingdom of Poland, the Kingdom of Bohemia, the Kingdom of Hungary, the Habsburg monarchy of Austria, the Kingdom of Prussia and Germany. Wrocław became part of Poland again in 1945 as part of the Recovered Territories, the result of extensive border changes and expulsions ...
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Threshold Model
In mathematical or statistical modeling a threshold model is any model where a threshold value, or set of threshold values, is used to distinguish ranges of values where the behaviour predicted by the model varies in some important way. A particularly important instance arises in toxicology, where the model for the effect of a drug may be that there is zero effect for a dose below a critical or threshold value, while an effect of some significance exists above that value.Dodge, Y. (2003) ''The Oxford Dictionary of Statistical Terms'', OUP. Certain types of regression model may include threshold effects. Collective behavior Threshold models are often used to model the behavior of groups, ranging from social insects to animal herds to human society. Classic threshold models were introduced by Sakoda, in his 1949 dissertation and the Journal of Mathematical Sociology (JMS vol 1 #1, 1971). They were subsequently developed by Schelling, Axelrod, and Granovetter to model collective be ...
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Bass Diffusion Model
The Bass model or Bass diffusion model was developed by Frank Bass. It consists of a simple differential equation that describes the process of how new products get adopted in a population. The model presents a rationale of how current adopters and potential adopters of a new product interact. The basic premise of the model is that adopters can be classified as innovators or as imitators and the speed and timing of adoption depends on their degree of innovation and the degree of imitation among adopters. The Bass model has been widely used in forecasting, especially new products' sales forecasting and technology forecasting. Mathematically, the basic Bass diffusion is a Riccati equation with constant coefficients equivalent to Verhulst--Pearl Logistic growth. In 1969, Frank Bass published his paper on a new product growth model for consumer durables. Prior to this, Everett Rogers published ''Diffusion of Innovations'', a highly influential work that described the different st ...
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Voter Model
In the mathematical theory of probability, the voter model is an interacting particle system introduced by Richard A. Holley and Thomas M. Liggett in 1975. One can imagine that there is a "voter" at each point on a connected graph, where the connections indicate that there is some form of interaction between a pair of voters (nodes). The opinions of any given voter on some issue changes at random times under the influence of opinions of his neighbours. A voter's opinion at any given time can take one of two values, labelled 0 and 1. At random times, a random individual is selected and that voter's opinion is changed according to a stochastic rule. Specifically, for one of the chosen voter's neighbors is chosen according to a given set of probabilities and that individual's opinion is transferred to the chosen voter. An alternative interpretation is in terms of spatial conflict. Suppose two nations control the areas (sets of nodes) labelled 0 or 1. A flip from 0 to 1 at a given ...
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Deutsche Physikalische Gesellschaft
The German Physical Society (German: , DPG) is the oldest organisation of physicists. The DPG's worldwide membership is cited as 60,547, as of 2019, making it the largest physics society in the world. It holds an annual conference () and multiple spring conferences (), which are held at various locations and along topical subjects of given sections of the DPG. The DPG serves the fields of pure and applied physics. Main aims are to bring its members and all physicists living in Germany closer together, represent their entirety outwards as well as foster the exchange of ideas between its members and foreign colleagues. The DPG binds itself and its members to advocate for freedom, tolerance, veracity and dignity in science and to be aware about the fact that the people working in science are responsible to a particularly high extent for the configuration of the overall human activity. Conferences and fostering young talent The DPG itself does not carry out any research, but its confer ...
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