The Application of Econophysics
Subtitle: Proceedings of the Second Nikkei Econophysics Symposium
By: edited by Hideki Takayasu
Publisher: Springer Japan
Published: 2004
Place of publication: Tokyo
Language: eng
Format: [electronic resource] :
Number of pages: 334
ISBN-13: 9784431539476
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.