1 option
Finitary probabilistic methods in econophysics / Ubaldo Garibaldi, Enrico Scalas.
- Format:
- Book
- Author/Creator:
- Garibaldi, Ubaldo, author.
- Scalas, Enrico, author.
- Language:
- English
- Subjects (All):
- Economics--Statistical methods.
- Economics.
- Statistical physics.
- Economics--Mathematical models.
- Physics--Mathematical models.
- Physics.
- Econometrics.
- Physical Description:
- 1 online resource (xiv, 327 pages) : digital, PDF file(s).
- Place of Publication:
- Cambridge : Cambridge University Press, 2010.
- Language Note:
- English
- Summary:
- Econophysics applies the methodology of physics to the study of economics. However, whilst physicists have good understanding of statistical physics, they may be unfamiliar with recent advances in statistical conjectures, including Bayesian and predictive methods. Equally, economists with knowledge of probabilities do not have a background in statistical physics and agent-based models. Proposing a unified view for a dynamic probabilistic approach, this book is useful for advanced undergraduate and graduate students as well as researchers in physics, economics and finance. The book takes a finitary approach to the subject, discussing the essentials of applied probability, and covering finite Markov chain theory and its applications to real systems. Each chapter ends with a summary, suggestions for further reading, and exercises with solutions at the end of the book.
- Contents:
- Introductory remarks
- Individual and statistical descriptions
- Probability and events
- Finite random variables and stochastic processes
- The Pólya process
- Time evolution and finite Markov chains
- The Ehrenfest-Brillouin model
- Applications to stylized models in economics
- Finitary characterization of the Ewens sampling formula
- The Zipf-Simon-Yule process.
- Notes:
- Title from publisher's bibliographic system (viewed on 05 Oct 2015).
- Includes bibliographical references and indexes.
- ISBN:
- 1-107-20642-1
- 0-511-77758-2
- 1-282-77143-4
- 9786612771439
- 0-511-90126-7
- 0-511-79890-3
- 0-511-90205-0
- 0-511-79750-8
- 0-511-90047-3
- OCLC:
- 663861927
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.