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Bestseller
BestsellerE-book
Author Garibaldi, Ubaldo.

Title Finitary probabilistic methods in econophysics / Ubaldo Garibaldi, Enrico Scalas.

Publication Info. Cambridge ; New York : Cambridge University Press, 2010.

Item Status

Description 1 online resource (xiv, 327 pages) : illustrations
Physical Medium polychrome
Description text file
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"-- Provided by publisher.
Bibliography Includes bibliographical references and indexes.
Contents Individual and statistical descriptions -- Probability and events -- Finite random variables and stochastic processes -- The PĆ³lya 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.
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject Economics -- Statistical methods.
Economics -- Statistical methods.
Statistical physics.
Statistical physics.
Economics -- Mathematical models.
Economics -- Mathematical models.
Physics -- Mathematical models.
Physics -- Mathematical models.
Physics.
Econometrics.
Econometrics.
Genre/Form Electronic books.
Added Author Scalas, Enrico.
Other Form: Print version: Garibaldi, Ubaldo. Finitary probabilistic methods in econophysics. Cambridge ; New York : Cambridge University Press, 2010 9780521515597 (DLC) 2010033848 (OCoLC)607986329
ISBN 9780511902055 (electronic book)
0511902050 (electronic book)
9780511777585 (electronic book)
0511777582 (electronic book)
9780521515597
0521515599