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Scale invariance and universality: organizing principles in complex systems

Author

Listed:
  • Stanley, H.E
  • Amaral, L.A.N
  • Gopikrishnan, P
  • Ivanov, P.Ch
  • Keitt, T.H
  • Plerou, V

Abstract

This paper is a brief summary of a talk that was designed to address the question of whether two of the pillars of the field of phase transitions and critical phenomena – scale invariance and universality – can be useful in guiding research on a broad class of complex phenomena. We shall see that while scale invariance has been tested for many years, universality is relatively more rarely discussed. In particular, we shall develop a heuristic argument that serves to make more plausible the universality hypothesis in both thermal critical phenomena and percolation phenomena, and suggest that this argument could be developed into a possible coherent approach to understanding the ubiquity of scale invariance and universality in a wide range of complex systems.

Suggested Citation

  • Stanley, H.E & Amaral, L.A.N & Gopikrishnan, P & Ivanov, P.Ch & Keitt, T.H & Plerou, V, 2000. "Scale invariance and universality: organizing principles in complex systems," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 281(1), pages 60-68.
    • Handle: RePEc:eee:phsmap:v:281:y:2000:i:1:p:60-68
    DOI: 10.1016/S0378-4371(00)00195-3
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    References listed on IDEAS

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    1. J. Doyne Farmer, 2000. "Physicists Attempt To Scale The Ivory Towers Of Finance," International Journal of Theoretical and Applied Finance (IJTAF), World Scientific Publishing Co. Pte. Ltd., vol. 3(03), pages 311-333.
    2. Mantegna,Rosario N. & Stanley,H. Eugene, 2007. "Introduction to Econophysics," Cambridge Books, Cambridge University Press, number 9780521039871, September.
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    4. Parameswaran Gopikrishnan & Vasiliki Plerou & Luis A. Nunes Amaral & Martin Meyer & H. Eugene Stanley, 1999. "Scaling of the distribution of fluctuations of financial market indices," Papers cond-mat/9905305, arXiv.org.
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    6. L. A. N. Amaral & S. V. Buldyrev & S. Havlin & H. Leschhorn & P. Maass & M. A. Salinger & H. E. Stanley & M. H. R. Stanley, 1997. "Scaling behavior in economics: I. Empirical results for company growth," Papers cond-mat/9702082, arXiv.org.
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    9. Vasiliki Plerou & Luís A. Nunes Amaral & Parameswaran Gopikrishnan & Martin Meyer & H. Eugene Stanley, 1999. "Similarities between the growth dynamics of university research and of competitive economic activities," Nature, Nature, vol. 400(6743), pages 433-437, July.
    10. Plamen Ch. Ivanov & Luís A. Nunes Amaral & Ary L. Goldberger & Shlomo Havlin & Michael G. Rosenblum & Zbigniew R. Struzik & H. Eugene Stanley, 1999. "Multifractality in human heartbeat dynamics," Nature, Nature, vol. 399(6735), pages 461-465, June.
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    2. Xue Pan & Lei Hou & Mutua Stephen & Huijie Yang & Chenping Zhu, 2014. "Evaluation of Scaling Invariance Embedded in Short Time Series," PLOS ONE, Public Library of Science, vol. 9(12), pages 1-27, December.
    3. Xiong, Gang & Zhang, Shuning & Liu, Qiang, 2012. "The time-singularity multifractal spectrum distribution," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 391(20), pages 4727-4739.
    4. Tanya Araujo & Francisco Louçã, 2007. "The Seismography of Crashes in Financial Markets," Working Papers Department of Economics 2007/05, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    5. Eftaxias, K., 2010. "Footprints of nonextensive Tsallis statistics, selfaffinity and universality in the preparation of the L’Aquila earthquake hidden in a pre-seismic EM emission," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 389(1), pages 133-140.
    6. Xiong, Gang & Yu, Wenxian & Xia, Wenxiang & Zhang, Shuning, 2016. "Multifractal signal reconstruction based on singularity power spectrum," Chaos, Solitons & Fractals, Elsevier, vol. 91(C), pages 25-32.
    7. Lin Wang & Xiang Li & Yi-Qing Zhang & Yan Zhang & Kan Zhang, 2011. "Evolution of Scaling Emergence in Large-Scale Spatial Epidemic Spreading," PLOS ONE, Public Library of Science, vol. 6(7), pages 1-11, July.
    8. Balasis, Georgios & Daglis, Ioannis A. & Anastasiadis, Anastasios & Papadimitriou, Constantinos & Mandea, Mioara & Eftaxias, Konstantinos, 2011. "Universality in solar flare, magnetic storm and earthquake dynamics using Tsallis statistical mechanics," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 390(2), pages 341-346.
    9. Serrano, E. & Figliola, A., 2009. "Wavelet Leaders: A new method to estimate the multifractal singularity spectra," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 388(14), pages 2793-2805.
    10. Acedo, L. & Lamprianidou, E. & Moraño, J.-A. & Villanueva-Oller, J. & Villanueva, R.-J., 2015. "Firing patterns in a random network cellular automata model of the brain," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 435(C), pages 111-119.

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