{"record_type":"pith_number_record","schema_url":"https://pith.science/schemas/pith-number/v1.json","pith_number":"pith:2024:ADV7AIKZKLTCG5RRFUOKKXPSZB","short_pith_number":"pith:ADV7AIKZ","schema_version":"1.0","canonical_sha256":"00ebf0215952e62376312d1ca55df2c848c641d42afc2dc5c4d14f52942ce52f","source":{"kind":"arxiv","id":"2407.10284","version":2},"attestation_state":"computed","paper":{"title":"The Self-Organized Criticality Paradigm in Economics & Finance","license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","headline":"","cross_cats":["cond-mat.dis-nn","econ.GN","q-fin.EC"],"primary_cat":"q-fin.GN","authors_text":"Jean-Philippe Bouchaud","submitted_at":"2024-07-14T17:57:30Z","abstract_excerpt":"``Self-Organised Criticality'' (SOC) is the mechanism by which complex systems spontaneously settle close to a *critical point*, at the edge between stability and chaos, and characterized by fat-tailed fluctuations and long-memory correlations. Such a scenario may explain why insignificant perturbations can generate large disruptions, through the propagation of ``avalanches'' across the system. In this short review, we discuss how SOC could offer a plausible solution to the excess volatility puzzle in financial markets and the analogue ``small shocks, large business cycle puzzle'' for the econ"},"verification_status":{"content_addressed":true,"pith_receipt":true,"author_attested":false,"weak_author_claims":0,"strong_author_claims":0,"externally_anchored":false,"storage_verified":false,"citation_signatures":0,"replication_records":0,"graph_snapshot":true,"references_resolved":false,"formal_links_present":false},"canonical_record":{"source":{"id":"2407.10284","kind":"arxiv","version":2},"metadata":{"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.GN","submitted_at":"2024-07-14T17:57:30Z","cross_cats_sorted":["cond-mat.dis-nn","econ.GN","q-fin.EC"],"title_canon_sha256":"001e4ffd304312a2390b5fd039efe5328297c2eb0054ef2e6e1ac02aeac7858e","abstract_canon_sha256":"c29caf7422d549fe913242339659bd21dc0f3c58a33eac4f2785902915ac7ade"},"schema_version":"1.0"},"receipt":{"kind":"pith_receipt","key_id":"pith-v1-2026-05","algorithm":"ed25519","signed_at":"2026-07-05T09:03:54.588446Z","signature_b64":"88MmWuP2/Q5O6e1KYj6wtMG6cp7Pk80tGMZoNGBfPRlfS7akUagjDtiKbLaKPR5Wt7oB9MqxFRpbjAxXCOMfCA==","signed_message":"canonical_sha256_bytes","builder_version":"pith-number-builder-2026-05-17-v1","receipt_version":"0.3","canonical_sha256":"00ebf0215952e62376312d1ca55df2c848c641d42afc2dc5c4d14f52942ce52f","last_reissued_at":"2026-07-05T09:03:54.587911Z","signature_status":"signed_v1","first_computed_at":"2026-07-05T09:03:54.587911Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"graph_snapshot":{"paper":{"title":"The Self-Organized Criticality Paradigm in Economics & Finance","license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","headline":"","cross_cats":["cond-mat.dis-nn","econ.GN","q-fin.EC"],"primary_cat":"q-fin.GN","authors_text":"Jean-Philippe Bouchaud","submitted_at":"2024-07-14T17:57:30Z","abstract_excerpt":"``Self-Organised Criticality'' (SOC) is the mechanism by which complex systems spontaneously settle close to a *critical point*, at the edge between stability and chaos, and characterized by fat-tailed fluctuations and long-memory correlations. Such a scenario may explain why insignificant perturbations can generate large disruptions, through the propagation of ``avalanches'' across the system. In this short review, we discuss how SOC could offer a plausible solution to the excess volatility puzzle in financial markets and the analogue ``small shocks, large business cycle puzzle'' for the econ"},"claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"2407.10284","kind":"arxiv","version":2},"verdict":{"id":null,"model_set":{},"created_at":null,"strongest_claim":"","one_line_summary":"","pipeline_version":null,"weakest_assumption":"","pith_extraction_headline":""},"integrity":{"clean":true,"summary":{"advisory":0,"critical":0,"by_detector":{},"informational":0},"endpoint":"/pith/2407.10284/integrity.json","findings":[],"available":true,"detectors_run":[],"snapshot_sha256":"c28c3603d3b5d939e8dc4c7e95fa8dfce3d595e45f758748cecf8e644a296938"},"references":{"count":0,"sample":[],"resolved_work":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57","internal_anchors":0},"formal_canon":{"evidence_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"author_claims":{"count":0,"strong_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"builder_version":"pith-number-builder-2026-05-17-v1"},"aliases":[{"alias_kind":"arxiv","alias_value":"2407.10284","created_at":"2026-07-05T09:03:54.587968+00:00"},{"alias_kind":"arxiv_version","alias_value":"2407.10284v2","created_at":"2026-07-05T09:03:54.587968+00:00"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.2407.10284","created_at":"2026-07-05T09:03:54.587968+00:00"},{"alias_kind":"pith_short_12","alias_value":"ADV7AIKZKLTC","created_at":"2026-07-05T09:03:54.587968+00:00"},{"alias_kind":"pith_short_16","alias_value":"ADV7AIKZKLTCG5RR","created_at":"2026-07-05T09:03:54.587968+00:00"},{"alias_kind":"pith_short_8","alias_value":"ADV7AIKZ","created_at":"2026-07-05T09:03:54.587968+00:00"}],"events":[],"event_summary":{},"paper_claims":[],"inbound_citations":{"count":1,"internal_anchor_count":0,"sample":[{"citing_arxiv_id":"2506.08175","citing_title":"Anomaly, class division, and decoupling in income dynamics","ref_index":40,"is_internal_anchor":false}]},"formal_canon":{"evidence_count":0,"sample":[],"anchors":[]},"links":{"html":"https://pith.science/pith/ADV7AIKZKLTCG5RRFUOKKXPSZB","json":"https://pith.science/pith/ADV7AIKZKLTCG5RRFUOKKXPSZB.json","graph_json":"https://pith.science/api/pith-number/ADV7AIKZKLTCG5RRFUOKKXPSZB/graph.json","events_json":"https://pith.science/api/pith-number/ADV7AIKZKLTCG5RRFUOKKXPSZB/events.json","paper":"https://pith.science/paper/ADV7AIKZ"},"agent_actions":{"view_html":"https://pith.science/pith/ADV7AIKZKLTCG5RRFUOKKXPSZB","download_json":"https://pith.science/pith/ADV7AIKZKLTCG5RRFUOKKXPSZB.json","view_paper":"https://pith.science/paper/ADV7AIKZ","resolve_alias":"https://pith.science/api/pith-number/resolve?arxiv=2407.10284&json=true","fetch_graph":"https://pith.science/api/pith-number/ADV7AIKZKLTCG5RRFUOKKXPSZB/graph.json","fetch_events":"https://pith.science/api/pith-number/ADV7AIKZKLTCG5RRFUOKKXPSZB/events.json","actions":{"anchor_timestamp":"https://pith.science/pith/ADV7AIKZKLTCG5RRFUOKKXPSZB/action/timestamp_anchor","attest_storage":"https://pith.science/pith/ADV7AIKZKLTCG5RRFUOKKXPSZB/action/storage_attestation","attest_author":"https://pith.science/pith/ADV7AIKZKLTCG5RRFUOKKXPSZB/action/author_attestation","sign_citation":"https://pith.science/pith/ADV7AIKZKLTCG5RRFUOKKXPSZB/action/citation_signature","submit_replication":"https://pith.science/pith/ADV7AIKZKLTCG5RRFUOKKXPSZB/action/replication_record"}},"created_at":"2026-07-05T09:03:54.587968+00:00","updated_at":"2026-07-05T09:03:54.587968+00:00"}