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Statistical Physics and Economics: Concepts, Tools, and Applications

Statistical Physics and Economics: Concepts, Tools, and Applications

Paperback

Series: Springer Tracts in Modern Physics, Book 184

Business GeneralInvesting & FinanceGeneral Mathematics

ISBN10: 1441918124
ISBN13: 9781441918123
Publisher: Springer
Published: Dec 14 2011
Pages: 246
Weight: 0.81
Height: 0.55 Width: 6.14 Depth: 9.21
Language: English
This book covers systematically and in simple language the physical foundations of evolution equations, stochastic processes and generalized Master equations applied on 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 communications networks, barriers to and acceleration of economic growth as well as the kinetics of product- and money-flows.

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