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Modelling with the Master Equation - Solution Methods and Applications in Social and Natural Sciences (Paperback, Softcover reprint of the original 1st ed. 2017)
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Modelling with the Master Equation - Solution Methods and Applications in Social and Natural Sciences (Paperback, Softcover reprint of the original 1st ed. 2017)
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Total price: R4,053
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This book presents the theory and practical applications of the
Master equation approach, which provides a powerful general
framework for model building in a variety of disciplines. The aim
of the book is to not only highlight different mathematical
solution methods, but also reveal their potential by means of
practical examples. Part I of the book, which can be used as a
toolbox, introduces selected statistical fundamentals and solution
methods for the Master equation. In Part II and Part III, the
Master equation approach is applied to important applications in
the natural and social sciences. The case studies presented mainly
hail from the social sciences, including urban and regional
dynamics, population dynamics, dynamic decision theory, opinion
formation and traffic dynamics; however, some applications from
physics and chemistry are treated as well, underlining the
interdisciplinary modelling potential of the Master equation
approach. Drawing upon the author's extensive teaching and research
experience and consulting work, the book offers a valuable guide
for researchers, graduate students and professionals alike.
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