EMPIRICAL SCIENCE OF FINANCIAL FLUCTUATIONS: The Advent of Econophysics

Takayasu, Hideki (Editor)

ISBN 10: 4431703160 / ISBN 13: 9784431703167

Published by Springer, Tokyo, 2002

About this Item

"This volume is the proceedings of a workshop at which leading international researchers in this discipline discussed their most recent results and examined the validity of the empirical laws of econophysics." Octavo: 352 p. with numerous textual figures. Original glossy boards; issued without a dust jacket. A fine, unread copy.

Seller Inventory # 74808

Bibliographic Details

• Title: EMPIRICAL SCIENCE OF FINANCIAL FLUCTUATIONS: The Advent of Econophysics
• Publisher: Springer, Tokyo
• Publication Date: 2002
• Language: English
• ISBN 10: 4431703160
• ISBN 13: 9784431703167
• Binding: Hardcover
• Edition: First Edition.
• Condition: Fine
• Dust Jacket Condition: Dust Jacket Included
• Seller catalogs:
  • Finance

About this title

Synopsis

Financial fluctuations were generally neglected in classical ecnomics and their basic statistical properties have only recently been elucidated in the emerging field of econophysics, a new science that analyzes data using methods developed by statistical physics, such as chaos, fractals, and phase transitions. This volume is the proceedings of a workshop at which leading international researchers in this discipline discussed their most recent results and examined the validity of the empirical laws of econophysics. Topics include stock market prices and foreign exchange rates, income distribution, market anomalies, and risk management. The papers herein relate econophysics to other models, present new models, and illustrate the mechanisms by which financial fluctuations occur using actual financial data. Containing the most recent econophysics results, this volume will serve as an indispensable reference for economic theorists and practitioners alike.