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Statistical Physics and Economics - Concepts, Tools, and Applications (Paperback, Softcover reprint of the original 1st ed. 2003)
Loot Price: R4,563
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Statistical Physics and Economics - Concepts, Tools, and Applications (Paperback, Softcover reprint of the original 1st ed. 2003)
Series: Springer Tracts in Modern Physics, 184
Expected to ship within 10 - 15 working days
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STATISTICAL PHYSICS AND ECONOMICS covers systematically and in
simple language the physical foundations of evolution equations,
stochastic processes, and generalized Master equations applied to
complex economic systems. Strong emphasis is placed on concepts,
methods, and techniques for modeling, assessment, and solving or
estimation of economic problems in an attempt to understand the
large variability of financial markets, trading and communication
networks, barriers and acceleration of the economic growth as well
as the kinetics of product and money flows. The main focus of the
book is a clear physical understanding of the self-organizing
principles in social and economic systems. This modern introduction
will be a useful tool for researchers, engineers, as well as
graduate and post-graduate students in econophysics and related
topics.
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