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Econophysics and Sociophysics: Recent Progress and Future Directions: New Economic Windows

Editat de Frédéric Abergel, Hideaki Aoyama, Bikas K. Chakrabarti, Anirban Chakraborti, Nivedita Deo, Dhruv Raina, Irena Vodenska
en Limba Engleză Hardback – 12 ian 2017
This book presents the proceedings from ECONOPHYS-2015,an international workshop held in New Delhi, India, on the interrelated fieldsof “econophysics” and “sociophysics”, which have emerged from the applicationof statistical physics to economics and sociology. Leading researchers fromvaried communities, including economists, sociologists, financial analysts,mathematicians, physicists, statisticians, and others, report on their recentwork, discuss topical issues, and review the relevant contemporary literature.
A society can be described as a group of peoplewho inhabit the same geographical or social territory and are mutually involvedthrough their shared participation in different aspects of life. It is possibleto observe and characterize average behaviors of members of a society, an examplebeing voting behavior. Moreover, the dynamic nature of interaction within anyeconomic sector comprising numerous cooperatively interacting agents has manyfeatures in common with the interacting systems of statistical physics. It ison these bases that interest has grown in the application within sociology andeconomics of the tools of statistical mechanics. This book will be of value forall with an interest in this flourishing field.
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Specificații

ISBN-13: 9783319477046
ISBN-10: 3319477048
Pagini: 261
Ilustrații: VIII, 256 p. 85 illus., 77 illus. in color.
Dimensiuni: 155 x 235 x 21 mm
Greutate: 0.55 kg
Ediția:1st ed. 2017
Editura: Springer International Publishing
Colecția Springer
Seria New Economic Windows

Locul publicării:Cham, Switzerland

Cuprins

Anindya S.Chakrabarti, Topology of the international trade network: size, asymmetry andvolatility.- Attilio Stella, Optimal growth in the network of global economy.- BikasK. Chakrabarti, Inequality in Societies, Academic Institutions & ScienceJournals: Gini & k-indices.- Damien Challet, Market nanostructure insightinto market stylized facts.- Deepak Dhar, Dynamical networks of agents withdegree preference.- Diego Garlaschelli, Network reconstruction, systemic risk,and early-warning signals.- Dipankar Gupta, Boundaries, Transgressions andDisciplinary Dynamics.- Emanuele Pugliese, New Metrics for Economic Complexity.-Fabrizio Lillo, Complex network methods for systemic risk assessment.- FrédéricAbergel, Imperfections of financial markets: a limit order book perspective.- HarbirLamba, Modelling momentum traders in a financial market usingPrandtl-Ishlinskii operators.- Hideaki Aoyama, Deflation and Money.- IrenaVodenska, Bi-partite network approach to predictabilityof financial marketsand news sentiments.- János Kertész, Kinetics of Social Contagion.- JoshinMurai, A model of order signs under multiple order splitting and publicinformation.- Karmeshu, Stochastic Modelling of High Frequency Intra-day StockReturns: Emergence of Cubic Power-Law.- Kimmo Kaski, Social Physics: Studies ofin vivo / in situ human sociality.- Kousik Guhathakurta, Comparing thecomplexity of emerging and developed stock markets using recurrence networkanalysis.- M.S. Santhanam, Records statistics and financial time series.- MarcoPatriarca, The microscopic origin of the Pareto law and other power-lawdistributions.- Matteo Marsili, Complexity driven collapse of economicequilibria.- Michele Caraglio, Bridging intraday and interday market behaviorthrough scaling.- Parongama Sen, Segregation dynamics with continuously varyingutility factor.- Sandeep Juneja, Nearest neighbor based and other popularmethods for pricing Bermudan options.- Sitabhra Sinha, Loss of structuralbalance in the network of cross-correlations characterizing a financial marketsignals the onset of major economic crisis.- Stanislao Gualdi, A dynamic modelof input-output production networks: general equilibrium stability andemergence of scale-free structures.- Taisei Kaizoji, Why does the power law forshare price hold?.- Takaaki Ohnishi, Real estate valuation using k-nearestneighbor regression.- Takayuki Mizuno, Statistically detecting stock bubblesbefore they burst.- Victor Yakovenko, Economic inequality from statisticalphysics point of view.- Yoshi Fujiwara, Quantifying Financial Distress in aNation-wide Production Network.- Yoshiyuki Arata, Macroeconomic Consequences ofLumpy Investment under Uncertainty.- Youngna Choi, Tracking FinancialInstability Contagion: modeling and data calibration.- Yuichi Ikeda, Communityand Controllability of Global Production Network: Focusing on the EconomicCrisis of 2008.

Notă biografică

Frédéric Abergel is a Professor and Director of theLaboratory of Mathematics Applied to Systems, École Centrale Paris, Grande voiedes vignes, Châtenay-Malabry, France. His research interests include financialmarkets, modeling of derivatives, and empirical properties of financial data.He has organized a number of international conferences and is also managingeditor of the journal QuantitativeFinance.He has published many articles in peer-reviewed journals.
Anirban Chakraborti is a Professor at Jawaharlal NehruUniversity, India. He gained his PhD in Physics in 2003 for a thesis entitled“Application of Statistical Physics to some Econophysics and OptimizationProblems” and in 2009 he was awarded an Indian National Science Academy YoungScientist Medal. His current research focuses on statistical physics and itsinterdisciplinary application to problems in complex systems in economic andsocial sciences, and combinatorial optimization.
Hideaki Aoyama is a Professor in the Department ofPhysics, Graduate School of Science, Kyoto University, Japan. Prior to takingup this position in 2003, he was Professor in the Faculty of Integrated HumanStudies and College of Liberal Arts and Sciences. He has published 46 researchpapers in physics, 3 in linguistics, and 25 in econophysics. He is a lifetimemember of the American Physical Society and former president of the Kyotochapter of the Japanese Physical Society.
Bikas K. Chakrabarti is Senior Professor of Physics atthe Saha Institute of Nuclear Physics, Kolkata, India and Visiting Professor ofEconomics at the Indian Statistical Institute, Kolkata.  He was elected as a Fellow of the IndianAcademy of Sciences in 1997 and a Fellow of the Indian National Science Academyin 2003. His interests are condensed matter physics, statistical physics, and computationalphysics and he is the author of more than 150 refereed papers.

Nivedita Deo is Associate Professor in the Departmentof Physics and Astrophysics, University of Delhi, India. Her research interestsinclude statistical mechanics of superstrings, quantum chaos, glasses, the spectrumof instantaneous normal modes in liquids and random matrices, and the mathematicalproperties of random matrix models. She is the author of many articles inpeer-reviewed publications.

 
Dhruv Raina is a Professor at the Zakir Husain Centrefor Educational Studies, School of Social Sciences, Jawaharlal NehruUniversity, New Delhi, India. He is also Honorary Director of the NorthernRegional Centre, Indian Council for Social Science Research. Professor Rainahas received many honors and awards. He has held the Heinrich Zimmer Chair forIndian Philosophy and Intellectual History at the University of Heidelberg,Germany and in 2015 was Visiting Professor at Université Paris Diderot.  
Irena Vodenska is AssistantProfessor in the Administrative Sciences Department, Metropolitan College,Boston University, USA. In addition to teaching finance courses, she hasdirected interdisciplinary research in collaboration with Boston UniversityCollege of Arts and Sciences Physics Department. She is also Chief InvestmentOfficer and founding partner of Amectron International LLC, Boston, Mass. andpast Associate Director for Research, Center for Finance, Law, and Policy,Boston University.

Textul de pe ultima copertă

This book presents the proceedings from ECONOPHYS-2015,an international workshop held in New Delhi, India, on the interrelated fieldsof “econophysics” and “sociophysics”, which have emerged from the applicationof statistical physics to economics and sociology. Leading researchers fromvaried communities, including economists, sociologists, financial analysts,mathematicians, physicists, statisticians, and others, report on their recentwork, discuss topical issues, and review the relevant contemporary literature.
A society can be described as a group of peoplewho inhabit the same geographical or social territory and are mutually involvedthrough their shared participation in different aspects of life. It is possibleto observe and characterize average behaviors of members of a society, an examplebeing voting behavior. Moreover, the dynamic nature of interaction within anyeconomic sector comprising numerous cooperatively interacting agents has manyfeatures in common with the interacting systems of statistical physics. It ison these bases that interest has grown in the application within sociology andeconomics of the tools of statistical mechanics. This book will be of value forall with an interest in this flourishing field.

Caracteristici

recent research and reviews contemporary developments in the fields of econophysics and sociophysics Includescomments and debates on the latest issues Containsproceedings from a workshop attended by leading scientists from all over the world Includes supplementary material: sn.pub/extras