Intermittency and Nonextensivity in Turbulence and Financial Markets

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We present a new framework for modeling the statistical behavior of both fully developed turbulence and short-term dynamics of financial markets based on the nonextensive thermostatistics proposed by Tsallis. We also show that intermittency -- strong bursts in the energy dissipation or clusters of high price volatility -- and nonextensivity -- anomalous scaling of usually extensive properties like entropy -- are naturally linked by a single parameter q, from the nonextensive thermostatistics.
LaTex file + 3 postscript figures, 9 pages, submitted to Europhysics Letters

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Condensed Matter

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http://salesiana.dossiersoluciones.com/handle/123456789/29508

Consulte el texto completo en el siguiente enlace:

https://arxiv.org/abs/cond-mat/9907348
 http://arxiv.org/abs/cond-mat/9907348

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arXiv