Nonextensive thermostatistics description of intermittency in turbulence and financial markets

We present a new framework for modeling the statistical behavior of both fu lly developed turbulence and short-term dynamics of financial markets based on the generalized non-extensive thermostatistics formalism. We also show that intermittency - strong bursts in the energy dissipation or clusters of high price volatility and non-extensivity - anomalous scaling of usually e xtensive properties like entropy - are naturally linked by a single paramet er q, from the non-extensive thermostatistics.