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Econophysics and Companies by Aoyama H.,

Download Econophysics and Companies

Econophysics and Companies Aoyama H.,
Language: English
Page: 262
Format: pdf
ISBN: 0521191491, 9780521191494
Publisher: CUP

Review

"The failures of mainstream economic doctrine in interpreting the 'how and why' of the current financial and economic turmoil is an unrepeatable opportunity to change the situation. The probability of success largely depends on the capacity to pose the right research questions and develop the appropriate box of tools. That is what this path-breaking book impressively achieves. After having read it, the reader's approach to economics will surely change." - Mauro Gallegati, Polytechnic University of Marche, Ancona, and Institute of Complex Systems, CNR, Rome

Book Description

Econophysics is an emerging interdisciplinary field that takes advantage of the concepts and methods of statistical physics to analyse economic phenomena. This book, first published in 2010, expands the explanatory scope of econophysics to the real economy by using methods from statistical physics to analyse the success and failure of companies.