51 citations · 67 across the 4 of their papers we have counts for
4 papers
Socio-economical dynamics as a solvable spin system on co-evolving networks
Christoly Biely, Rudolf Hanel, Stefan Thurner
We consider social systems in which agents are not only characterized by their states but also have the freedom to choose their interaction partners to maximize their utility. We m…
Random matrix ensembles of time-lagged correlation matrices: Derivation of eigenvalue spectra and analysis of financial time-series
Christoly Biely, Stefan Thurner
We derive the exact form of the eigenvalue spectra of correlation matrices derived from a set of time-shifted, finite Brownian random walks (time-series). These matrices can be see…
Statistical mechanics of scale-free networks at a critical point: Complexity without irreversibility?
Christoly Biely, Stefan Thurner
Based on a rigorous extension of classical statistical mechanics to networks, we study a specific microscopic network Hamiltonian. The form of this Hamiltonian is derived from the…
Prisoner's dilemma on dynamic networks under perfect rationality
Christoly Biely, Klaus Dragosits, Stefan Thurner
We consider the prisoner's dilemma being played repeatedly on a dynamic network, where agents may choose their actions as well as their co-players. This leads to co-evolution of ne…