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New Perspectives and Challenges in Econophysics and Sociophysics 2019 Edition
Contributor(s): Abergel, Frédéric (Editor), Chakrabarti, Bikas K. (Editor), Chakraborti, Anirban (Editor)
ISBN: 3030113639     ISBN-13: 9783030113636
Publisher: Springer
OUR PRICE:   $132.99  
Product Type: Hardcover
Published: April 2019
Qty:
Additional Information
BISAC Categories:
- Science | Physics - Mathematical & Computational
- Mathematics | Game Theory
- Mathematics | Applied
Dewey: 005.7
Series: New Economic Windows
Physical Information: 0.69" H x 6.14" W x 9.21" (1.27 lbs) 272 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
This book presents the latest perspectives and challenges within the interrelated fields of econophysics and sociophysics, which have emerged from the application of statistical physics to economics and sociology. Economic and financial markets appear to be in a permanent state of flux. Billions of agents interact with each other, giving rise to complex dynamics of economic quantities at the micro and macro levels. With the availability of huge data sets, researchers can address questions at a much more granular level than was previously possible. Fundamental questions regarding the aggregation of actions and information and the coordination, complexity, and evolution of economic and financial networks are currently receiving much attention in the econophysics research agenda. In parallel, the sociophysics literature has focused on large-scale social data and their interrelations. In this book, leading researchers from different communities - economists, sociologists, financial analysts, mathematicians, physicists, statisticians, and others - report on their recent work and their analyses of economic and social behavior.