Skip to content

Return times for Stochastic processes with power-law scaling

Piero Olla

cond-mat.stat-mecharXiv:cond-mat/0606323

Abstract

An analytical study of the return time distribution of extreme events for stochastic processes with power-law correlation has been carried on. The calculation is based on an epsilon-expansion in the correlation exponent: C(t)=|t|-1+epsilon. The fixed point of the theory is associated with stretched exponential scaling of the distribution; analytical expressions, valid in the pre-asymptotic regime, have been provided. Also the permanence time distribution appears to be characterized by stretched exponential scaling. The conditions for application of the theory to non-Gaussian processes have been analyzed and the relations with the issue of return times in the case of multifractal measures have been discussed.

Create a lesson