Econophysics: Background and Applications in Economics, Finance, and Sociophysics

Romanian academics debate the role and potential of econophysics for Romanian scientific research and explain how physics can contribute to understanding economic problems, processes, and decisions. The ten chapters test the efficiency of capital markets, analyze nonlinear mechanisms generating power law distributions in socioeconomic systems, apply a quantum mechanics model to the infringement of financial rules, and model the complex process of group decision making. No index is provided. Annotation ©2013 Book News, Inc., Portland, OR (booknews.com)