Econophysics and Companies: Statistical Life and Death in Complex Business Networks

By: Hideaki Aoyama and Yoshi Fujiwara and Yuichi Ikeda and Hiroshi Iyetomi and Wataru Souma

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Synopsis: Econophysics is an emerging interdisciplinary field that takes advantage of the concepts and methods of statistical physics to analyse economic phenomena. This book expands the explanatory scope of econophysics to the real economy by using methods from statistical physics to analyse the success and failure of companies. Using large data sets of companies and income-earners in Japan and Europe, a distinguished team of researchers show how these methods allow us to analyse companies, from huge corporations to small firms, as heterogeneous agents interacting at multiple layers of complex networks. They then show how successful this approach is in explaining a wide range of recent findings relating to the dynamics of companies. With mathematics kept to a minimum, the book is not only a lively introduction to the field of econophysics but also provides fresh insights into company behaviour.

Book Quality:: Publisher Quality
ISBN-13:: 9781107712850
Publisher:: Cambridge University Press
Date of Addition:: 05/02/14
Copyrighted By:: Cambridge University Press
Adult content:: No
Language:: English
Has Image Descriptions:: No
Categories:: Nonfiction, Science, Business and Finance, Earth Sciences, Mathematics and Statistics
Submitted By:: Bookshare Staff
Usage Restrictions:: This is a copyrighted book.