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Econophysics and Sociophysics: Recent Progress and Future Directions

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Springer International Publishing img Link Publisher

Naturwissenschaften, Medizin, Informatik, Technik / Theoretische Physik

Beschreibung

This book presents the proceedings from ECONOPHYS-2015, an international workshop held in New Delhi, India, on the interrelated fields of “econophysics” and “sociophysics”, which have emerged from the application of statistical physics to economics and sociology. Leading researchers from varied communities, including economists, sociologists, financial analysts, mathematicians, physicists, statisticians, and others, report on their recent work, discuss topical issues, and review the relevant contemporary literature.

A society can be described as a group of people who inhabit the same geographical or social territory and are mutually involved through their shared participation in different aspects of life. It is possible to observe and characterize average behaviors of members of a society, an example being voting behavior. Moreover, the dynamic nature of interaction within any economic sector comprising numerous cooperatively interacting agents has many features in common with the interacting systems of statistical physics. It is on these bases that interest has grown in the application within sociology and economics of the tools of statistical mechanics. This book will be of value for all with an interest in this flourishing field.

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Global economy, Economic Complexity, The Economic Crisis, Topology of the international trade network:, ECONOPHYS-2015 proceedings, Systemic risk, Quantifying Financial Distress, data-driven science, modeling and theory building, Community and Controllability of Global Production Network:, Financial markets, Deflation and Money