Leonidas Facundo CARAM

Prof. Dr. Leonidas Facundo CARAM


Research Focus & Metrics

Academic Career Length

17Years (2010-Present)

(Calculated once Scilit publication data is synced: current year − year of first publication + 1)

Representative Publications

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10 August 2015 in Physical Review E
Verified
Journal Article
Open access
LCLeonidas Facundo CARAM
Leonidas Facundo CARAM
Cesar F. CaiafaCesar F. Caiafa
Cesar F. Caiafa
Marcel AusloosMarcel Ausloos
Marcel Ausloos
APA. N. Proto
A. N. Proto
A multiagent based model for a system of cooperative agents aiming at growth is proposed. This is based on a set of generalized Verhulst-Lotka-Volterra differential equations. In this study, strong cooperation is allowed among agents having similar sizes, and weak cooperation if agents have markedly different “sizes”, thus establishing a peer-to-peer modulated interaction scheme. A rigorous analysis of the stable configurations is presented first examining the fixed points of the system, next determining their stability as a function of the model parameters. It is found that the agents are self-organizing into clusters. Furthermore, it is demonstrated that, depending on parameter values, multiple stable configurations can coexist. It occurs that only one of them always emerges with probability close to one, because its associated attractor dominates over the rest. This is shown through numerical integrations and simulations, after analytic developments. In contrast to the competitive case, agents are able to increase their capacity beyond the no-interaction case limit. In other words, when some collaborative partnership among a relatively small number of partners takes place, all agents act in good faith prioritizing the common good, when receiving a mutual benefit allowing them to surpass their capacity.

9 January 2024 in Entropy
Verified
Journal Article
Open access
PDF file
Micaela SurianoMicaela Suriano
Micaela Suriano
LCLeonidas Facundo CARAM
Leonidas Facundo CARAM
Osvaldo RossoOsvaldo Rosso
Osvaldo Rosso
This paper analyzes the temporal evolution of streamflow for different rivers in Argentina based on information quantifiers such as statistical complexity and permutation entropy. The main objective is to identify key details of the dynamics of the analyzed time series to differentiate the degrees of randomness and chaos. The permutation entropy is used with the probability distribution of ordinal patterns and the Jensen–Shannon divergence to calculate the disequilibrium and the statistical complexity. Daily streamflow series at different river stations were analyzed to classify the different hydrological systems. The complexity-entropy causality plane (CECP) and the representation of the Shannon entropy and Fisher information measure (FIM) show that the daily discharge series could be approximately represented with Gaussian noise, but the variances highlight the difficulty of modeling a series of natural phenomena. An analysis of stations downstream from the Yacyretá dam shows that the operation affects the randomness of the daily discharge series at hydrometric stations near the dam. When the station is further downstream, however, this effect is attenuated. Furthermore, the size of the basin plays a relevant role in modulating the process. Large catchments have smaller values for entropy, and the signal is less noisy due to integration over larger time scales. In contrast, small and mountainous basins present a rapid response that influences the behavior of daily discharge while presenting a higher entropy and lower complexity. The results obtained in the present study characterize the behavior of the daily discharge series in Argentine rivers and provide key information for hydrological modeling.

21 April 2025 in Entropy
Verified
Journal Article
Open access
PDF file
Micaela SurianoMicaela Suriano
Micaela Suriano
LCLeonidas Facundo CARAM
Leonidas Facundo CARAM
Cesar F. CaiafaCesar F. Caiafa
Cesar F. Caiafa
HMHernán Daniel Merlino
Hernán Daniel Merlino
Osvaldo RossoOsvaldo Rosso
Osvaldo Rosso
This paper investigates the temporal evolution of cryptocurrency time series using information measures such as complexity, entropy, and Fisher information. The main objective is to differentiate between various levels of randomness and chaos. The methodology was applied to 176 daily closing price time series of different cryptocurrencies, from October 2015 to October 2024, with more than 30 days of data and not completely null. Complexity–entropy causality plane (CECP) analysis reveals that daily cryptocurrency series with lengths of two years or less exhibit chaotic behavior, while those longer than two years display stochastic behavior. Most longer series resemble colored noise, with the parameter k varying between 0 and 2. Additionally, Natural Language Processing (NLP) analysis identified the most relevant terms in each white paper, facilitating a clustering method that resulted in four distinct clusters. However, no significant characteristics were found across these clusters in terms of the dynamics of the time series. This finding challenges the assumption that project narratives dictate market behavior. For this reason, investment recommendations should prioritize real-time informational metrics over whitepaper content.

28 April 2010 in arXiv
Verified
Preprint
Open access
PDF file
LCLeonidas Facundo CARAM
Leonidas Facundo CARAM
CCC. F. Caiafa
C. F. Caiafa
APA. N. Proto
A. N. Proto
MAM. Ausloos
M. Ausloos
The dynamic behavior of a multiagent system in which the agent size $s_{i}$ is variable it is studied along a Lotka-Volterra approach. The agent size has hereby for meaning the fraction of a given market that an agent is able to capture (market share). A Lotka-Volterra system of equations for prey-predator problems is considered, the competition factor being related to the difference in size between the agents in a one-on-one competition. This mechanism introduces a natural self-organized dynamic competition among agents. In the competition factor, a parameter $\sigma$ is introduced for scaling the intensity of agent size similarity, which varies in each iteration cycle. The fixed points of this system are analytically found and their stability analyzed for small systems (with $n=5$ agents). We have found that different scenarios are possible, from chaotic to non-chaotic motion with cluster formation as function of the $\sigma$ parameter and depending on the initial conditions imposed to the system. The present contribution aim is to show how a realistic though minimalist nonlinear dynamics model can be used to describe market competition (companies, brokers, decision makers) among other opinion maker communities.

25 September 2015 in arXiv
Verified
Preprint
Open access
PDF file
LCLeonidas Facundo CARAM
Leonidas Facundo CARAM
Cesar F. CaiafaCesar F. Caiafa
Cesar F. Caiafa
Marcel AusloosMarcel Ausloos
Marcel Ausloos
APA. N. Proto
A. N. Proto
A multiagent based model for a system of cooperative agents aiming at growth is proposed. This is based on a set of generalized Verhulst-Lotka-Volterra differential equations. In this study, strong cooperation is allowed among agents having similar sizes, and weak cooperation if agent have markedly different "sizes", thus establishing a peer-to-peer modulated interaction scheme. A rigorous analysis of the stable configurations is presented first examining the fixed points of the system, next determining their stability as a function of the model parameters. It is found that the agents are self-organizing into clusters. Furthermore, it is demonstrated that, depending on parameter values, multiple stable configurations can coexist. It occurs that only one of them always emerges with probability close to one, because its associated attractor dominates over the rest. This is shown through numerical integrations and simulations,after analytic developments. In contrast to the competitive case, agents are able to increase their capacity beyond the no-interaction case limit. In other words, when some collaborative partnership among a relatively small number of partners takes place, all agents act in good faith prioritizing the common good, whence receiving a mutual benefit allowing them to surpass their capacity.