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Complex Systems, Volume 85 - Lecture Notes of the Les Houches Summer School 2006 (Hardcover, 70th edition): Jean-Philippe... Complex Systems, Volume 85 - Lecture Notes of the Les Houches Summer School 2006 (Hardcover, 70th edition)
Jean-Philippe Bouchaud, Marc Mezard, Jean Dalibard
R1,845 Discovery Miles 18 450 Ships in 12 - 17 working days

There has been recently some interdisciplinary convergence on a number of precise topics which can be considered as prototypes of complex systems. This convergence is best appreciated at the level of the techniques needed to deal with these systems, which include:
1) A domain of research around a multiple point where statistical physics, information theory, algorithmic computer science, and more theoretical (probabilistic) computer science meet: this covers some aspects of error correcting codes, stochastic optimization algorithms, typical case complexity and phase transitions, constraint satisfaction problems.
2) The study of collective behavior of interacting agents, its impact on understanding some types of economical and financial problems, their link to population and epidemics dynamics, game theory, social, biological and computer networks and evolution.
The present book is the written version of the lectures given during the Les Houches summer school session on "Complex Systems," devoted to these emerging interdisciplinary fields. The lectures consist both in a number of long methodological courses (probability theory, statistical physics of disordered systems, information theory, network structure and evolution, agent-based economics and numerical methods) and more specific, 'problem oriented' courses. Lecturers are all leading experts in their field; they have summarized recent results in a clear and authoritative manner. The "Les Houches lecture notes" have a long tradition of excellence and are often found to be useful for a number of years after they were written.
The book is of interest to students and researchers with various backgrounds: probability theory, computer science, information theory, physics, finance, biology, etc.
.Topical and comprehensive survey of the emerging, interdisciplinary field of "Complex Systems," covered by recognized world experts
."Les Houches lectures notes": a long tradition of excellence and long-lasting impact
.Of interest to a broad audience (mathematics, physics, biology, informatics, finance, geology, etc.)
.Some applications may have concrete impact
.Selected topics in complex systems: forefront of research in the field"

Levy Statistics and Laser Cooling - How Rare Events Bring Atoms to Rest (Hardcover): Francois Bardou, Jean-Philippe Bouchaud,... Levy Statistics and Laser Cooling - How Rare Events Bring Atoms to Rest (Hardcover)
Francois Bardou, Jean-Philippe Bouchaud, Alain Aspect, Claude Cohen-Tannoudji
R3,454 R3,156 Discovery Miles 31 560 Save R298 (9%) Ships in 12 - 17 working days

This is a book about laser cooling, a new research field with many potential applications. The authors present an original approach, using the tools and concepts of statistical physics. A new understanding of laser cooling, both intuitive and quantitative, is obtained. The volume also comprises a case study allowing non-Gaussian (Lévy) statistics, a technique being used more frequently in many different fields.

A First Course in Random Matrix Theory - for Physicists, Engineers and Data Scientists (Hardcover): Marc Potters, Jean-Philippe... A First Course in Random Matrix Theory - for Physicists, Engineers and Data Scientists (Hardcover)
Marc Potters, Jean-Philippe Bouchaud
R1,883 R1,717 Discovery Miles 17 170 Save R166 (9%) Ships in 12 - 17 working days

The real world is perceived and broken down as data, models and algorithms in the eyes of physicists and engineers. Data is noisy by nature and classical statistical tools have so far been successful in dealing with relatively smaller levels of randomness. The recent emergence of Big Data and the required computing power to analyse them have rendered classical tools outdated and insufficient. Tools such as random matrix theory and the study of large sample covariance matrices can efficiently process these big data sets and help make sense of modern, deep learning algorithms. Presenting an introductory calculus course for random matrices, the book focusses on modern concepts in matrix theory, generalising the standard concept of probabilistic independence to non-commuting random variables. Concretely worked out examples and applications to financial engineering and portfolio construction make this unique book an essential tool for physicists, engineers, data analysts, and economists.

Dynamical Heterogeneities in Glasses, Colloids, and Granular Media (Hardcover): Ludovic Berthier, Giulio Biroli, Jean-Philippe... Dynamical Heterogeneities in Glasses, Colloids, and Granular Media (Hardcover)
Ludovic Berthier, Giulio Biroli, Jean-Philippe Bouchaud, Luca Cipelletti, Wim van Saarloos
R2,830 Discovery Miles 28 300 Ships in 12 - 17 working days

"Most of the solid materials we use in everyday life, from plastics to cosmetic gels exist under a non-crystalline, amorphous form: they are glasses. Yet, we are still seeking a fundamental explanation as to what glasses really are and to why they form. In this book, we survey the most recent theoretical and experimental research dealing with glassy physics, from molecular to colloidal glasses and granular media. Leading experts in this field present broad and original perspectives on one of the deepest mysteries of condensed matter physics, with an emphasis on the key role played by heterogeneities in the dynamics of glassiness"--

Trades, Quotes and Prices - Financial Markets Under the Microscope (Hardcover): Jean-Philippe Bouchaud, Julius Bonart, Jonathan... Trades, Quotes and Prices - Financial Markets Under the Microscope (Hardcover)
Jean-Philippe Bouchaud, Julius Bonart, Jonathan Donier, Martin Gould
R2,066 Discovery Miles 20 660 Ships in 12 - 17 working days

The widespread availability of high-quality, high-frequency data has revolutionised the study of financial markets. By describing not only asset prices, but also market participants' actions and interactions, this wealth of information offers a new window into the inner workings of the financial ecosystem. In this original text, the authors discuss empirical facts of financial markets and introduce a wide range of models, from the micro-scale mechanics of individual order arrivals to the emergent, macro-scale issues of market stability. Throughout this journey, data is king. All discussions are firmly rooted in the empirical behaviour of real stocks, and all models are calibrated and evaluated using recent data from Nasdaq. By confronting theory with empirical facts, this book for practitioners, researchers and advanced students provides a fresh, new, and often surprising perspective on topics as diverse as optimal trading, price impact, the fragile nature of liquidity, and even the reasons why people trade at all.

Theory of Financial Risk and Derivative Pricing - From Statistical Physics to Risk Management (Paperback, 2nd Revised edition):... Theory of Financial Risk and Derivative Pricing - From Statistical Physics to Risk Management (Paperback, 2nd Revised edition)
Jean-Philippe Bouchaud, Marc Potters
R1,795 Discovery Miles 17 950 Ships in 12 - 17 working days

Risk control and derivative pricing have become of major concern to financial institutions, and there is a real need for adequate statistical tools to measure and anticipate the amplitude of the potential moves of the financial markets. Summarising theoretical developments in the field, this 2003 second edition has been substantially expanded. Additional chapters now cover stochastic processes, Monte-Carlo methods, Black-Scholes theory, the theory of the yield curve, and Minority Game. There are discussions on aspects of data analysis, financial products, non-linear correlations, and herding, feedback and agent based models. This book has become a classic reference for graduate students and researchers working in econophysics and mathematical finance, and for quantitative analysts working on risk management, derivative pricing and quantitative trading strategies.

Levy Statistics and Laser Cooling - How Rare Events Bring Atoms to Rest (Paperback): Francois Bardou, Jean-Philippe Bouchaud,... Levy Statistics and Laser Cooling - How Rare Events Bring Atoms to Rest (Paperback)
Francois Bardou, Jean-Philippe Bouchaud, Alain Aspect, Claude Cohen-Tannoudji
R1,113 Discovery Miles 11 130 Ships in 12 - 17 working days

This is a book about laser cooling, a new research field with many potential applications. The authors present an original approach, using the tools and concepts of statistical physics. A new understanding of laser cooling, both intuitive and quantitative, is obtained. The volume also comprises a case study allowing non-Gaussian (Lévy) statistics, a technique being used more frequently in many different fields.

Theory of Financial Risk and Derivative Pricing - From Statistical Physics to Risk Management (Hardcover, 2nd Revised edition):... Theory of Financial Risk and Derivative Pricing - From Statistical Physics to Risk Management (Hardcover, 2nd Revised edition)
Jean-Philippe Bouchaud, Marc Potters
R3,073 Discovery Miles 30 730 Ships in 12 - 17 working days

Summarizing market data developments, some inspired by statistical physics, this book explains how to better predict the actual behavior of financial markets with respect to asset allocation, derivative pricing and hedging, and risk control. Risk control and derivative pricing are major concerns to financial institutions. The need for adequate statistical tools to measure and anticipate amplitude of potential moves of financial markets is clearly expressed, in particular for derivative markets. Classical theories, however, are based on assumptions leading to systematic (sometimes dramatic) underestimation of risks. First edition Hb (2000): 0-521-78232-5

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