November 2012
Intermediate to advanced
178 pages
4h 30m
English
Content preview from Econophysics
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Chapter 7
The Potential of Econophysics for the Study of Economic Processes
7.1 Introduction
7.2 What is the Adequate Meaning for Contemporary Econophysics?
7.3 A Brief Historical Background of Econophysics
7.4 Methods of Econophysics
7.5 Review of Major Results and New Domains
7.6 Conclusions
References
7.1 Introduction
Specific economic theories are constructed from rationality which is the same thing as maximizing expected utility by applying the basic postulates to various economic situations. The new science called econophysics by Rosario Mantegna and H. Eugene Stanley, at the second Statphys-Kolkata conference ...
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