A growing part of the behavioral finance literature has addressed some of the stylized facts of financial time series as macroscopic patterns emerging from herding interactions among groups of agents with heterogeneous trading strategies and a limited rationality. We extend a stochastic herding formalism introduced for the modeling of decision making among financial agents, in order to take also into account an external influence. In particular, we study the amplification of an external signal imposed upon the agents by a mechanism of resonance. This signal can be interpreted as an advertising or a public perception in favor or against one of the two possible trading behaviors, thus periodically breaking the symmetry of the system and acting as a continuously varying exogenous shock. The conditions for the ensemble of agents to more accurately follow the periodicity of the signal are studied, finding a maximum in the response of the system for a given range of values of both the noise and the frequency of the input signal.

Online social networks play a major role in the spread of information at very large scale and it becomes essential to provide means to analyse this phenomenon. In this paper we address the issue of predicting the temporal dynamics of the information diffusion process. We develop a graph-based approach built on the assumption that the macroscopic dynamics of the spreading process are explained by the topology of the network and the interactions that occur through it, between pairs of users, on the basis of properties at the microscopic level. We introduce a generic model, called T-BaSIC, and describe how to estimate its parameters from users behaviours using machine learning techniques. Contrary to classical approaches where the parameters are fixed in advance, T-BaSIC's parameters are functions depending of time, which permit to better approximate and adapt to the diffusion phenomenon observed in online social networks. Our proposal has been validated on real Twitter datasets. Experiments show that our approach is able to capture the particular patterns of diffusion depending of the studied sub-networks of users and topics. The results corroborate the "two-step" theory (1955) that states that information flows from media to a few "opinion leaders" who then transfer it to the mass population via social networks and show that it applies in the online context. This work also highlights interesting recommendations for future investigations.

Every day millions of users are connected through online social networks, generating a rich trove of data that allows us to study the mechanisms behind human interactions. Triadic closure has been treated as the major mechanism for creating social links: if Alice follows Bob and Bob follows Charlie, Alice will follow Charlie. Here we present an analysis of longitudinal micro-blogging data, revealing a more nuanced view of the strategies employed by users when expanding their social circles. While the network structure affects the spread of information among users, the network is in turn shaped by this communication activity. This suggests a link creation mechanism whereby Alice is more likely to follow Charlie after seeing many messages by Charlie. We characterize users with a set of parameters associated with different link creation strategies, estimated by a Maximum-Likelihood approach. Triadic closure does have a strong effect on link formation, but shortcuts based on traffic are another key factor in interpreting network evolution. However, individual strategies for following other users are highly heterogeneous. Link creation behaviors can be summarized by classifying users in different categories with distinct structural and behavioral characteristics. Users who are popular, active, and influential tend to create traffic-based shortcuts, making the information diffusion process more efficient in the network.

We analyze the entire publication database of the American Physical Society generating longitudinal (50 years) citation networks geolocalized at the level of single urban areas. We define the knowledge diffusion proxy, and scientific production ranking algorithms to capture the spatio-temporal dynamics of Physics knowledge worldwide. By using the knowledge diffusion proxy we identify the key cities in the production and consumption of knowledge in Physics as a function of time. The results from the scientific production ranking algorithm allow us to characterize the top cities for scholarly research in Physics. Although we focus on a single dataset concerning a specific field, the methodology presented here opens the path to comparative studies of the dynamics of knowledge across disciplines and research areas

Financial markets provide an ideal frame for studying decision making in crowded environments. Both the amount and accuracy of the data allows to apply tools and concepts coming from physics that studies collective and emergent phenomena or self-organised and highly heterogeneous systems. We analyse the activity of 29,930 non-expert individuals that represent a small portion of the whole market trading volume. The very heterogeneous activity of individuals obeys a Zipf's law, while synchronization network properties unveil a community structure. We thus correlate individual activity with the most eminent macroscopic signal in financial markets, that is volatility, and quantify how individuals are clearly polarized by volatility. The assortativity by attributes of our synchronization networks also indicates that individuals look at the volatility rather than imitate directly each other thus providing an interesting interpretation of herding phenomena in human activity. The results can also improve agent-based models since they provide direct estimation of the agent's parameters.

Employing a recent technique which allows the representation of nonstationary data by means of a juxtaposition of locally stationary patches of different length, we introduce a comprehensive analysis of the key observables in a financial market: the trading volume and the price fluctuations. From the segmentation procedure we are able to introduce a quantitative description of a group of statistical features (stylizes facts) of the trading volume and price fluctuations, namely the tails of each distribution, the U-shaped profile of the volume in a trading session and the evolution of the trading volume autocorrelation function. The segmentation of the trading volume series provides evidence of slow evolution of the fluctuating parameters of each patch, pointing to the mixing scenario. Assuming that long-term features are the outcome of a statistical mixture of simple local forms, we test and compare different probability density functions to provide the long-term distribution of the trading volume, concluding that the log-normal gives the best agreement with the empirical distribution. Moreover, the segmentation of the magnitude price fluctuations are quite different from the results for the trading volume, indicating that changes in the statistics of price fluctuations occur at a faster scale than in the case of trading volume.

Firm growth process in the developing economies is known to produce divergence in their growth path giving rise to bimodality in the size distribution. Similar bimodality has been observed in wealth distribution as well. Here, we introduce a modified kinetic exchange model which can reproduce such features. In particular, we will show numerically that a nonlinear retention rate (or savings propensity) causes this bimodality. This model can accommodate binary trading as well as the whole system-side trading thus making it more suitable to explain the non-standard features of wealth distribution as well as firm size distribution.

We discuss microscopic mechanisms of complex network growth, with the special emphasis of how these mechanisms can be evaluated from the measurements on real networks. As an example we consider the network of citations to scientific papers. Contrary to common belief that its growth is determined by the linear preferential attachment, our microscopic measurements show that it is driven by the nonlinear autocatalytic growth. This invalidates the scale-free hypothesis for the citation network. The nonlinearity is responsible for a dramatic dynamical phase transition: while the citation lifetime of majority of papers is 6-10 years, the highly-cited papers have practically infinite lifetime.

Online systems where users purchase or collect items of some kind can be effectively represented by temporal bipartite networks where both nodes and links are added with time. We use this representation to predict which items might become popular in the near future. Various prediction methods are evaluated on three distinct datasets originating from popular online services (Movielens, Netflix, and Digg). We show that the prediction performance can be further enhanced if the user social network is known and centrality of individual users in this network is used to weight their actions.

A book Chapter consisting of some of the main areas of research in graph theory applied to physics. It includes graphs in condensed matter theory, such as the tight-binding and the Hubbard model. It follows the study of graph theory and statistical physics by means of the analysis of the Potts model. Then, we consider the use of graph polynomials in solving Feynman integrals, graphs and electrical networks, vibrational analysis in networked systems and random graphs. The second part deals with the study of complex networks and includes the models of "small-world", "scale-freeness", network motifs, centrality measures, the use of statistical mechanics for the analysis of networks and network communicability and the study of communities in networks. The chapter is finished by considering some dynamical models on networks, such as the consensus analysis, synchronization of coupled oscillators and epidemic models on networks.