The simplest ecological system can be constructed from the two interacting species, e.g., prey and predator. This kind of system is very interesting in the terms of Physics of Risk primarily because it is nonlinear [1], and due to being real life example of competition (conflict). Also there are few known simple models for the prey-predator interaction. Among them there are both macroscopic, Lotka-Volterra equations, and microscopic, agent-based, models. In this text we continue the previous discussion by considering the agent-based model.

The simplest ecological system can be constructed from the two interacting species, e.g., prey and predator. This kind of system is very interesting in the terms of Physics of Risk primarily because it is nonlinear [1], and due to being real life example of competition (conflict). Also there are few known simple models for the prey-predator interaction. Among them there are both macroscopic, Lotka-Volterra equations, and microscopic, agent-based, models. We will start our discussion from the macroscopic Lotka-Volterra model.

"Chicago University" school economists claim that unemployment is purely voluntary. But what does a capuchin monkey think about it? Brief excerpt from a speech by Frans de Waal.

Blog post on EconoPhysics Forum: http://unifr.ch/econophysics/blogs/?p=156.

Blog post on Lars Syl's blog: https://larspsyll.wordpress.com/2012/08/24/inequality/.

Previously (ex. while speaking about the multifractality of time series) we have already discussed that fractals are observed in many daily phenomena. Interestingly enough we can eat fractals for our breakfast! Recently we have found an article [1] which studies fractal structures, 1/f-like noise in ham!

What is white, pink, "brown" and even black? It is around us every day and usually is very useful. Yet from time to time it annoys us and sometimes we even call police to keep it in check? The answer to this quite complex, as it is oriented towards people with physics background, question is unbelievably simple. Noise possesses all of the aforementioned qualities!