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Book synopsis

This book covers systematically and in simple language the physical §foundations of evolution equations, stochastic processes and §generalized Master equations applied on complex economic systems. §Strong emphasis is placed on concepts, methods, and techniques for §modeling, assessment, and solving or estimation of economic problems §in an attempt to understand the large variability of financial §markets, trading and communications networks, barriers to and §acceleration of economic growth as well as the kinetics of product- §and money-flows.This systematic book covers in simple language the physical foundations of evolution equations, stochastic processes and generalized Master equations applied on complex economic systems, helping to understand the large variability of financial markets, trading and communications networks.

Book details

Book category Books in English Mathematics & science Mathematics Optimization

• Full title: Statistical Physics and Economics
• Subtitle: Concepts, Tools, and Applications
• Author: Michael Schulz
• Language: English
• Binding: Paperback
• Number of pages: 246
• EAN: 9781441918123
• ISBN: 1441918124
• ID: 01420738
• Publisher: Springer-Verlag New York Inc.
• Weight: 409 g
• Dimensions: 235 × 155 × 15 mm
• Date of publishing: 14. December 2011

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