{"state_type":"pith_open_graph_state","state_version":"1.0","pith_number":"pith:2013:DISBLQX6AH5NAJVKWB5WFGPSBQ","merge_version":"pith-open-graph-merge-v1","event_count":2,"valid_event_count":2,"invalid_event_count":0,"equivocation_count":0,"current":{"canonical_record":{"metadata":{"abstract_canon_sha256":"29f5b3a968eece3a354c31424d76a3bb7f0a3afca3a270492d8a12f3d16eb768","cross_cats_sorted":["cond-mat.stat-mech"],"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.TR","submitted_at":"2013-04-25T07:09:35Z","title_canon_sha256":"0ed6562a5a887e4f0904c5a1fa4117be72e0364ecc0fde8e7d75b5232c0b65a7"},"schema_version":"1.0","source":{"id":"1304.6819","kind":"arxiv","version":1}},"source_aliases":[{"alias_kind":"arxiv","alias_value":"1304.6819","created_at":"2026-05-18T03:12:32Z"},{"alias_kind":"arxiv_version","alias_value":"1304.6819v1","created_at":"2026-05-18T03:12:32Z"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.1304.6819","created_at":"2026-05-18T03:12:32Z"},{"alias_kind":"pith_short_12","alias_value":"DISBLQX6AH5N","created_at":"2026-05-18T12:27:43Z"},{"alias_kind":"pith_short_16","alias_value":"DISBLQX6AH5NAJVK","created_at":"2026-05-18T12:27:43Z"},{"alias_kind":"pith_short_8","alias_value":"DISBLQX6","created_at":"2026-05-18T12:27:43Z"}],"graph_snapshots":[{"event_id":"sha256:9eafe427cc3f489e3c86eb8a2ebc176f97b0676fe8a5d8b8e8a18ca81a0d6bc2","target":"graph","created_at":"2026-05-18T03:12:32Z","signer":{"key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signer_id":"pith.science","signer_type":"pith_registry"},"payload":{"graph_snapshot":{"author_claims":{"count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57","strong_count":0},"builder_version":"pith-number-builder-2026-05-17-v1","claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"formal_canon":{"evidence_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"paper":{"abstract_excerpt":"Motivated by empirical data, we develop a statistical description of the queue dynamics for large tick assets based on a two-dimensional Fokker-Planck (diffusion) equation, that explicitly includes state dependence, i.e. the fact that the drift and diffusion depends on the volume present on both sides of the spread. \"Jump\" events, corresponding to sudden changes of the best limit price, must also be included as birth-death terms in the Fokker-Planck equation. All quantities involved in the equation can be calibrated using high-frequency data on best quotes. One of our central finding is the th","authors_text":"A. Gareche, G. Disdier, J. Kockelkoren, J.-P. Bouchaud","cross_cats":["cond-mat.stat-mech"],"headline":"","license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.TR","submitted_at":"2013-04-25T07:09:35Z","title":"A Fokker-Planck description for the queue dynamics of large tick stocks"},"references":{"count":0,"internal_anchors":0,"resolved_work":0,"sample":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"1304.6819","kind":"arxiv","version":1},"verdict":{"created_at":null,"id":null,"model_set":{},"one_line_summary":"","pipeline_version":null,"pith_extraction_headline":"","strongest_claim":"","weakest_assumption":""}},"verdict_id":null}}],"author_attestations":[],"timestamp_anchors":[],"storage_attestations":[],"citation_signatures":[],"replication_records":[],"corrections":[],"mirror_hints":[],"record_created":{"event_id":"sha256:ec9b5627221c00d7222840697d9b4ce1ed13ed2de2c6a58fdfadf4edfb0a364f","target":"record","created_at":"2026-05-18T03:12:32Z","signer":{"key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signer_id":"pith.science","signer_type":"pith_registry"},"payload":{"attestation_state":"computed","canonical_record":{"metadata":{"abstract_canon_sha256":"29f5b3a968eece3a354c31424d76a3bb7f0a3afca3a270492d8a12f3d16eb768","cross_cats_sorted":["cond-mat.stat-mech"],"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.TR","submitted_at":"2013-04-25T07:09:35Z","title_canon_sha256":"0ed6562a5a887e4f0904c5a1fa4117be72e0364ecc0fde8e7d75b5232c0b65a7"},"schema_version":"1.0","source":{"id":"1304.6819","kind":"arxiv","version":1}},"canonical_sha256":"1a2415c2fe01fad026aab07b6299f20c0cb3e3a751f3c66bbb36715b1f5abcaf","receipt":{"algorithm":"ed25519","builder_version":"pith-number-builder-2026-05-17-v1","canonical_sha256":"1a2415c2fe01fad026aab07b6299f20c0cb3e3a751f3c66bbb36715b1f5abcaf","first_computed_at":"2026-05-18T03:12:32.921869Z","key_id":"pith-v1-2026-05","kind":"pith_receipt","last_reissued_at":"2026-05-18T03:12:32.921869Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","receipt_version":"0.3","signature_b64":"p9rIpnSLTKLJX/u3uPPM8mftvKLF3rUIR0oxcf4fQgJnlaia6REAVLXTBOjAP/ZIy4gshm8JwuK5rhd+EPQ7Dw==","signature_status":"signed_v1","signed_at":"2026-05-18T03:12:32.922719Z","signed_message":"canonical_sha256_bytes"},"source_id":"1304.6819","source_kind":"arxiv","source_version":1}}},"equivocations":[],"invalid_events":[],"applied_event_ids":["sha256:ec9b5627221c00d7222840697d9b4ce1ed13ed2de2c6a58fdfadf4edfb0a364f","sha256:9eafe427cc3f489e3c86eb8a2ebc176f97b0676fe8a5d8b8e8a18ca81a0d6bc2"],"state_sha256":"39adf6d2f12a978401d5624e27d1a4d6b346cb27cd9daaa210059e8397a1ca30"}