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Springer Tracts in Modern Physics

Statistical Physics and Economics

Concepts, Tools, and Applications

Authors: Schulz, Michael

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  • ISBN 978-0-387-21713-0
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Softcover 187,19 €
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About this book

Econophysics describes phenomena in the development and dynamics of economic systems by using of a physicMly motivated methodology. First of all, Mandelbrot had analyzed economic and social relations in terms of modern statistical physics. Since then, the number of publications related to this topic has increased irresistible greatly. To be fair to this historical evolution, I point out, however, that physical and economic concepts had already been connected long ago. Terms such as work, power, and efficiency factor have similar physical and economic meanings. Many physical discoveries for instance in thermodynamics, optics, solid state physics, or chemical physics correspond to a parallel evolution in the fields of technology and economics. The term econophysics, or social physics, also is not a recent idea. For ex ample, in the small book Sozialphysik published in 1925 [221], R. L£mmel demonstrates how social and economic problems can be understood by applying simple physical relations. Of course, the content of early social physics and the topics of modern econophysics are widely different. Nevertheless, the basic idea (i.e., the description and the explanation of economic phenomena in terms of a physical theory) did not change over the whole time. At this point, an important warning should be pronounced.

Table of contents (6 chapters)

Table of contents (6 chapters)

Buy this book

eBook 142,79 €
price for Spain (gross)
  • ISBN 978-0-387-21713-0
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 187,19 €
price for Spain (gross)
  • ISBN 978-0-387-00282-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
Softcover 187,19 €
price for Spain (gross)
  • ISBN 978-1-4419-1812-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
Statistical Physics and Economics
Book Subtitle
Concepts, Tools, and Applications
Authors
Series Title
Springer Tracts in Modern Physics
Series Volume
184
Copyright
2003
Publisher
Springer-Verlag New York
Copyright Holder
Springer Science+Business Media New York
eBook ISBN
978-0-387-21713-0
DOI
10.1007/0-387-21713-4
Hardcover ISBN
978-0-387-00282-8
Softcover ISBN
978-1-4419-1812-3
Series ISSN
0081-3869
Edition Number
1
Number of Pages
XI, 246
Number of Illustrations
1 b/w illustrations
Topics