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Robin B Stinchcombe

Publications and source records attributed to Robin B Stinchcombe.

2 recordsLinked to original sources

Master equation for a kinetic model of a trading market and its analytic solution.

We analyze an ideal-gas-like model of a trading market with quenched random saving factors for its agents and show that the steady state income (m) distribution P(m) in the model has a power law tail with Pareto index nu exactly equal to unity, confirming the earlier numerical studies on this model. The analysis starts with the development of a master equation for the time development of P(m) . Precise solutions are then obtained in some special cases.

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Quantum annealing in a kinetically constrained system.

Classical and quantum annealing is discussed in the case of a generalized kinetically constrained model, where the relaxation dynamics of a system with trivial ground state is retarded by the appearance of energy barriers in the relaxation path, following a local kinetic rule. Effectiveness of thermal and quantum fluctuations in overcoming these kinetic barriers to reach the ground state are studied. It has been shown that for certain barrier characteristics, quantum annealing might by far surpass its thermal counter part in reaching the ground state faster.

Journal Article↗