Statistical Physics and Economics

Concepts, Tools, and Applications
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ISBN-13:
9780387002828
Veröffentl:
2003
Erscheinungsdatum:
08.04.2003
Seiten:
246
Autor:
Michael Schulz
Gewicht:
505 g
Format:
244x161x19 mm
Sprache:
Englisch
Beschreibung:

This systematic book covers in simple language the physical foundations of evolution equations, stochastic processes and generalized Master equations applied on complex economic systems, helping to understand the large variability of financial markets, trading and communications networks.
This book covers systematically and in simple language the physicalfoundations of evolution equations, stochastic processes andgeneralized Master equations applied on complex economic systems.Strong emphasis is placed on concepts, methods, and techniques formodeling, assessment, and solving or estimation of economic problemsin an attempt to understand the large variability of financialmarkets, trading and communications networks, barriers to andacceleration of economic growth as well as the kinetics of productand money-flows.
Economy and Complex Systems.- Evolution and Probabilistic Concepts.- Financial Markets.- Economic Systems.- Computer Simulations.- Forecasting.

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