Introduction to Econophysics (English, Rosario N. Mantegna | H. Eugene Stanley)
by Rosario N. Mantegna | H. Eugene Stanley
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About the Book
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 co…
ISBN: 9780521620086
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