Impact of stochastic resetting on resource allocation: The case of reallocating geometric Brownian motion

We study the effects of stochastic resetting on the reallocating geometric Brownian motion (RGBM), an established model for resource redistribution relevant to systems such as population dynamics, evolutionary processes, economic activity, and even cosmology. The RGBM model is inherently nonstationary and non-ergodic, leading to complex resource redistribution dynamics. By introducing stochastic resetting, which periodically returns the system to a predetermined state, we examine how this mechanism modifies RGBM behavior. Our analysis uncovers distinct long-term regimes determined by the interplay between the resetting rate, the strength of resource redistribution, and standard geometric Brownian motion parameters: the drift and the noise amplitude. Notably, we identify a critical resetting rate beyond which the self-averaging time becomes effectively infinite. In this regime, the first two moments are stationary, indicating a stabilized distribution of an initially unstable, mean-repulsive process. We demonstrate that optimal resetting can effectively balance growth and redistribution, reducing inequality in the resource distribution. These findings help us understand better the management of resource dynamics in uncertain environments.

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Publication Details

Journal
Physical review. E
Published
2025-03-26
DOI
https://doi.org/10.1103/physreve.111.034129
Citations
1
Primary Topic
Diffusion and Search Dynamics
Type
article
Field-Weighted Citation Impact
0.81

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article

Impact of stochastic resetting on resource allocation: The case of reallocating geometric Brownian motion

Viktor Stojkoski, Ljupčo Kocarev, A. Pal, Trifce Sandev et al.
1 citations
Physical review. E
Diffusion and Search Dynamics
0.81
article

Impact of stochastic resetting on resource allocation: The case of reallocating geometric Brownian motion

Viktor Stojkoski, Ljupčo Kocarev, A. Pal, Trifce Sandev, Pece Trajanovski, Petar Jolakoski
article en
1 citations

Abstract

We study the effects of stochastic resetting on the reallocating geometric Brownian motion (RGBM), an established model for resource redistribution relevant to systems such as population dynamics, evolutionary processes, economic activity, and even cosmology. The RGBM model is inherently nonstationary and non-ergodic, leading to complex resource redistribution dynamics. By introducing stochastic resetting, which periodically returns the system to a predetermined state, we examine how this mechanism modifies RGBM behavior. Our analysis uncovers distinct long-term regimes determined by the interplay between the resetting rate, the strength of resource redistribution, and standard geometric Brownian motion parameters: the drift and the noise amplitude. Notably, we identify a critical resetting rate beyond which the self-averaging time becomes effectively infinite. In this regime, the first two moments are stationary, indicating a stabilized distribution of an initially unstable, mean-repulsive process. We demonstrate that optimal resetting can effectively balance growth and redistribution, reducing inequality in the resource distribution. These findings help us understand better the management of resource dynamics in uncertain environments.

Physical review. EVol. 111(3)
Corvinus University of Budapest (HU), Macedonian Academy of Sciences and Arts (MK), Korea University (KR), Homi Bhabha National Institute (IN), FZU ‒ Institute of Physics of the Academy of Sciences of the Czech Republic (CZ), University of Ss. Cyril and Methodius in Trnava (SK), Institute of Mathematical Sciences (IN), Ss. Cyril and Methodius University in Skopje (MK)
Alexander von Humboldt-Stiftung, Department of Atomic Energy, Government of India, Deutsche Forschungsgemeinschaft, Alliance of International Science Organizations, Science and Engineering Research Board
Openalex Percentile: Top 30%
Diffusion and Search Dynamics
0.81
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