The Application of Econophysics

Description:

Econophysics is a newborn field of science bridging economics and physics. A special feature of this new science is the data analysis of high-precision market data. In economics arbitrage opportunity is strictly denied; however, by observing high-precision data we can prove the existence of arbitrage opportunity. Also, financial technology neglects the possibility of market prediction; however, in this book you can find many examples of predicted events. There are other surprising findings. This volume is the proceedings of a workshop on "application of econophysics" at which leading international researchers discussed their most recent results.

subjects: Statistical physics,  Finance, mathematical models,  Finance, statistical methods,  Physics,  Economics,  Statistics,  Dynamical Systems and Complexity Statistical Physics,  Statistics for Business/Economics/Mathematical Finance/Insurance,  Finance/Investment/Banking