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Econophysics and Sociophysics: Recent Progress and Future Directions (Hardcover, 1st ed. 2017)
Loot Price: R4,619
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Econophysics and Sociophysics: Recent Progress and Future Directions (Hardcover, 1st ed. 2017)
Series: New Economic Windows
Expected to ship within 12 - 17 working days
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This book presents the proceedings from ECONOPHYS-2015, an
international workshop held in New Delhi, India, on the
interrelated fields of "econophysics" and "sociophysics", which
have emerged from the application of statistical physics to
economics and sociology. Leading researchers from varied
communities, including economists, sociologists, financial
analysts, mathematicians, physicists, statisticians, and others,
report on their recent work, discuss topical issues, and review the
relevant contemporary literature. A society can be described as a
group of people who inhabit the same geographical or social
territory and are mutually involved through their shared
participation in different aspects of life. It is possible to
observe and characterize average behaviors of members of a society,
an example being voting behavior. Moreover, the dynamic nature of
interaction within any economic sector comprising numerous
cooperatively interacting agents has many features in common with
the interacting systems of statistical physics. It is on these
bases that interest has grown in the application within sociology
and economics of the tools of statistical mechanics. This book will
be of value for all with an interest in this flourishing field.
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