Complexity, Heterogeneity, and the Methods of Statistical Physics in Economics

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Distribution & warehousing man

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Wordery

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Springer nature singapore

Complexity, Heterogeneity, and the Methods of Statistical Physics in Economics : Springer : 9789811548055 : 9811548056 : 06 Aug 2020 :  This book systematically provides a prospective integrated approach for complexity social science in its view of statistical physics and mathematics, with an impressive collection of the knowledge and expertise of leading researchers from all over the world. The book mainly covers both finitary methods of statistical equilibrium and data-driven analysis by econophysics. The late Professor Masanao Aoki of UCLA, who passed away at the end of July 2018, in his later years dedicated himself to the reconstruction of macroeconomics mainly in terms of statistical physics. Professor Aoki, who was already an IEEE fellow, was also named an Econometric Society Fellow in 1979. Until the early 1990s, however, his contributions were focused on the new developments of a novel algorithm for the time series model and their applications to economic data. Those contribu

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