Anatomy of extreme events in a complex adaptive system

P. Jefferies, D. Lamper, N. F. Johnson

Research output: Contribution to journalArticle

4 Scopus citations

Abstract

Large changes tend to dictate the long-term dynamical behaviour of many real-world complex systems in both the natural and social sciences. We provide an analytic, microscopic analysis of extreme events arising in an adaptive population comprising competing agents (e.g. species, cells, traders, data-packets). Our results reveal a taxonomy of such extreme events, and provide a microscopic understanding as to their build-up and likely duration.

Original languageEnglish (US)
Pages (from-to)592-600
Number of pages9
JournalPhysica A: Statistical Mechanics and its Applications
Volume318
Issue number3-4
DOIs
StatePublished - Feb 15 2003

Keywords

  • Adaptive systems
  • Agents
  • Extreme events
  • Self-organization

ASJC Scopus subject areas

  • Statistics and Probability
  • Condensed Matter Physics

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