Finitary Probabilistic Methods in Econophysics

Informationen zum Autor Ubaldo Garibaldi is First Researcher at the IMEM-CNR, Italy, where he researches the foundations of probability, statistics and statistical mechanics, and the application of finite Markov chains to complex systems. Enrico Scalas is Assistant Professor of Physics at the University of Eastern Piedmont, Italy. His research interests are anomalous diffusion and its applications to complex systems, the foundations of statistical mechanics, and agent-based simulations in physics, finance and economics. Klappentext Proposing a unified view for a dynamic probabilistic approach for graduate students and researchers in physics, economics and finance. Zusammenfassung Proposing a unified view for a dynamic probabilistic approach! this book is useful for advanced undergraduate and graduate students and researchers in physics! economics and finance. It discusses the essentials of applied probability! and covers finite Markov chain theory and its applications to real systems. Inhaltsverzeichnis 1. Introductory remarks; 2. Individual and statistical descriptions; 3. Probability and events; 4. Finite random variables and stochastic processes; 5. The Pólya process; 6. Time evolution and finite Markov chains; 7. The Ehrenfest-Brillouin model; 8. Applications to stylized models in economics; 9. Finitary characterization of the Ewens sampling formula; 10. The Zipf-Simon-Yule process; Index.

Product details

• Authors: Ubaldo Garibaldi, Ubaldo (Universit... degli Studi di Genova) Garibaldi, Ubaldo Scalas Garibaldi, Garibaldi Ubaldo, Enrico Scalas, Enrico (Universit... degli Studi del Piemonte Orientale Amedeo Avogadro) Scalas, Scalas Enrico
• Publisher: Cambridge University Press Academic
• Languages: English
• Product format: Hardback
• Released: 19.08.2010
• EAN: 9780521515597
• ISBN: 978-0-521-51559-7
• Dimensions: 181 mm x 254 mm x 22 mm
• Subjects: Natural sciences, medicine, IT, technology > Physics, astronomy > General, dictionaries; Social sciences, law, business > Business; Naturwissenschaft, Wirtschaft, BUSINESS & ECONOMICS / Statistics, Probability & statistics, Econometrics, Econometrics and economic statistics