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Statistical Physics and Economics: Concepts, Tools, and Applications (Volume 184)
Michael Schulz
€ 194.68
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Description for Statistical Physics and Economics: Concepts, Tools, and Applications (Volume 184)
hardcover. Covers the physical foundations of evolution equations, stochastic processes and generalized Master equations applied on complex economic systems. This book focuses on concepts, methods, and techniques for modeling, assessment, and solving or estimation of economic problems. Series: Springer Tracts in Modern Physics. Num Pages: 257 pages, 1 black & white illustrations, biography. BIC Classification: PHS. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 15. Weight in Grams: 548.
Econophysics describes phenomena in the development and dynamics of economic systems by using of a physicMly motivated methodology. First of all, Mandelbrot had analyzed economic and social relations in terms of modern statistical physics. Since then, the number of publications related to this topic has increased irresistible greatly. To be fair to this historical evolution, I point out, however, that physical and economic concepts had already been connected long ago. Terms such as work, power, and efficiency factor have similar physical and economic meanings. Many physical discoveries for instance in thermodynamics, optics, solid state physics, or chemical physics correspond to ... Read more
Econophysics describes phenomena in the development and dynamics of economic systems by using of a physicMly motivated methodology. First of all, Mandelbrot had analyzed economic and social relations in terms of modern statistical physics. Since then, the number of publications related to this topic has increased irresistible greatly. To be fair to this historical evolution, I point out, however, that physical and economic concepts had already been connected long ago. Terms such as work, power, and efficiency factor have similar physical and economic meanings. Many physical discoveries for instance in thermodynamics, optics, solid state physics, or chemical physics correspond to ... Read more
Product Details
Format
Hardback
Publication date
2003
Publisher
Springer/Sci-Tech/Trade United States
Number of pages
257
Condition
New
Series
Springer Tracts in Modern Physics
Number of Pages
246
Place of Publication
New York, NY, United States
ISBN
9780387002828
SKU
V9780387002828
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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