Econophysics and physical economics /

Bibliographic Details
Main Author: Richmond, Peter
Other Authors: Mimkes, Jurgen, Hutzler, Stefa
Format: Book
Language:English
Published: Oxford : Oxford University Press, 2013
Edition:1st ed.
Subjects:
Table of Contents:
  • 1. Introduction
  • 2. Reading financial data
  • 3. Basics of probability
  • 4. Time dependent process and the Chapman-Kolmogorov equation
  • 5. The Langevin approach to modelling Brownian motion
  • 6. The Brownian motion model of asset proces
  • 7. Generalized diffusion processes and the Fokker-Planck equation
  • 8. Derivatives and options
  • 9. Asset fluctuations and scaling
  • 10. Models of asset fluctuations
  • 11. Risk
  • 12. Why markets crashh
  • 13. Two non-financial markets
  • 14. An introduction to physical economics
  • 15. Laws of physical economics
  • 16. Markets
  • 17. A simple model of trade
  • 18. Production and economic growth
  • 19. Economics and entropy
  • 20. Approaches to non-equilibrium economics
  • 21. The distribution of wealth in society
  • 22. Conclusions and outlook.