This paper employs a Skellam process to represent real-time betting odds for English Premier League (EPL) soccer games. Given a matrix of market odds on all possible score outcomes, we estimate the expected scoring rates for each team. The expected scoring rates then define the implied volatility of an EPL game. As events in the game evolve, we re-estimate the expected scoring rates and our implied volatility measure to provide a dynamic representation of the market's expectation of the game...
Topics: Methodology, Applications, Statistics
Source: http://arxiv.org/abs/1604.03614

We investigate numerically interactions between two bright or dark incoherent localized beams in an strontium barium niobate photorefractive crystal in one dimension, using the coherent density method. For the case of bright beams, if the interacting beams are in-phase, they attract each other during propagation and form bound breathers; if out-of-phase, the beams repel each other and fly away. The bright incoherent beams do not radiate much and form long-lived well-defined breathers or...
Topics: Physics, Nonlinear Sciences, Pattern Formation and Solitons, Optics
Source: http://arxiv.org/abs/1408.2601