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Empirical Science of Financial Fluctuations

The Advent of Econophysics

Editors: Takayasu, Hideki (Ed.)

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  • ISBN 978-4-431-66993-7
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Hardcover $139.99
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About this book

Financial fluctuations were generally neglected in classical ecnomics and their basic statistical properties have only recently been elucidated in the emerging field of econophysics, a new science that analyzes data using methods developed by statistical physics, such as chaos, fractals, and phase transitions. This volume is the proceedings of a workshop at which leading international researchers in this discipline discussed their most recent results and examined the validity of the empirical laws of econophysics. Topics include stock market prices and foreign exchange rates, income distribution, market anomalies, and risk management. The papers herein relate econophysics to other models, present new models, and illustrate the mechanisms by which financial fluctuations occur using actual financial data. Containing the most recent econophysics results, this volume will serve as an indispensable reference for economic theorists and practitioners alike.

Table of contents (38 chapters)

Table of contents (38 chapters)
  • Quantifying Empirical Economic Fluctuations using the Organizing Principles of Scale Invariance and Universality

    Pages 3-11

    Stanley, H. Eugene (et al.)

  • Price fluctuations and Market Activity

    Pages 12-17

    Gopikrishnan, P. (et al.)

  • Transaction Interval Analysis of High Resolution Foreign Exchange Data

    Pages 18-25

    Takayasu, Misako (et al.)

  • Random Matrix Theory and Cross-Correlations of Stock Prices

    Pages 27-34

    Rosenow, B. (et al.)

  • A Random Matrix Theory Approach to Quantifying Collective Behavior of Stock Price Fluctuations

    Pages 35-40

    Plerou, V. (et al.)

Buy this book

eBook $109.00
price for USA in USD
  • ISBN 978-4-431-66993-7
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase Institutional customers should get in touch with their account manager
Hardcover $139.99
price for USA in USD
Softcover $149.99
price for USA in USD
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Bibliographic Information

Bibliographic Information
Book Title
Empirical Science of Financial Fluctuations
Book Subtitle
The Advent of Econophysics
Editors
  • Hideki Takayasu
Copyright
2002
Publisher
Springer Japan
Copyright Holder
Springer Japan
eBook ISBN
978-4-431-66993-7
DOI
10.1007/978-4-431-66993-7
Hardcover ISBN
978-4-431-70316-7
Softcover ISBN
978-4-431-66995-1
Edition Number
1
Number of Pages
X, 352
Topics