This analysis shows global correlations and memory effects in fields like biology and finance, implying crucial insights for engineering practices.
Many problems in classical and quantum physics, statistical physics, engineering, biology, psychology, economics, and finance are inherently global rather than merely local, often exhibiting long-range correlations in time and space, memory effects, fractality, and power-law dynamics [...]
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Galhano et al. (2025) studied this question.
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