Exorbitant Burden, The: The Impact Of The U. S. Dollar's Reserve And Global Curre Ganziro, Taranza / Vambery, Robert Emerald Group Publishing Ltd . |
Towards a Comparative Institutionalism: Forms, Dynamics And Logics Across The Or Pinheiro, Rómulo / Geschwind, Lars / Ramirez, Francisco / Vr Emerald Group Publishing Ltd . |
Africa: The Management Education Challenge Thomas, Howard / Lee, Michelle / Thomas, Lynne / Wilson, Ale Emerald Group Publishing Ltd . |
Financial & Managerial Accounting: The Basis For Business Decisions Williams, Jan / Haka, Susan / Bettner, Mark / Carcello, Jose Mc Graw Hill Educacion |
Financial Markets And Institutions Saunders, Anthony / Millon Cornett, Marcia Mc Graw Hill Educacion |
Título: An Introduction To Econophysics | ||
Autor: Mantegna Rosario/ Stanley Eugene | Precio: $445.50 | |
Editorial: Cambridge University Press | Año: 2007 | |
Tema: Finanzas, Negocios | Edición: 1ª | |
Sinopsis | ISBN: 9780521039871 | |
Statistical physics concepts such as stochastic dynamics, short- and long-range correlations, self-similarity and scaling, permit an understanding of the global behavior of economic systems without first having to work out a detailed microscopic description of the system. This pioneering text explores the use of these concepts in the description of financial systems, the dynamic new specialty of econophysics. The authors illustrate the scaling concepts used in probability theory, critical phenomena, and fully-developed turbulent fluids and apply them to financial time series. They also present a new stochastic model that displays several of the statistical properties observed in empirical data. Physicists will find the application of statistical physics concepts to economic systems fascinating. Economists and other financial professionals will benefit from the book's empirical analysis methods and well-formulated theoretical tools that will allow them to describe systems composed of a huge number of interacting subsystems. |