no code implementations • 26 Dec 2022 • Petar Jolakoski, Arnab Pal, Trifce Sandev, Ljupco Kocarev, Ralf Metzler, Viktor Stojkoski
Detailed knowledge of individual income dynamics is crucial for investigating the existence of the American dream: Are we able to improve our income status during our working life?
no code implementations • 4 Sep 2021 • Viktor Stojkoski, Petar Jolakoski, Arnab Pal, Trifce Sandev, Ljupco Kocarev, Ralf Metzler
We explore the role of non-ergodicity in the relationship between income inequality, the extent of concentration in the income distribution, and mobility, the feasibility of an individual to change their position in the income distribution.
no code implementations • 4 Apr 2021 • Viktor Stojkoski, Trifce Sandev, Ljupco Kocarev, Arnab Pal
We study the effects of stochastic resetting on geometric Brownian motion (GBM), a canonical stochastic multiplicative process for non-stationary and non-ergodic dynamics.
no code implementations • 1 Feb 2021 • Ofek Lauber Bonomo, Arnab Pal
However, most of the studies so far assumed continuous time underlying first passage time processes and moreover considered continuous time resetting restricting out restart processes broken up into synchronized time steps.
Statistical Mechanics Probability Chemical Physics
no code implementations • 23 Dec 2020 • Deepak Gupta, Arnab Pal, Anupam Kundu
In contrast to the usual setting where the particle is instantaneously reset to a preferred location (say, the origin), here we consider a finite time resetting process facilitated by an external linear potential $V(x)=\lambda|x|~ (\lambda>0)$.
Statistical Mechanics
