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Empirical Science of Financial Fluctuations
The Advent of Econophysics
Paperback / softback
23 August 2014
$227.00
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Empirical Science of Financial Fluctuations
$227.00
Description
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.
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This fascinating study examines the discourse of science in Japan from the 1920s to the 1940s in relation to nationalism and imperialism. How did Japan, with Shinto creation mythology at the absolute...
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Science and Empires
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