This book rehabilitates beta as a definition of systemic risk by using particle physics to evaluate discrete components of financial risk. Much of the frustrati

This book concerns the use of concepts from statistical physics in the description of financial systems. The authors illustrate the scaling concepts used in pro

This book provides the first extensive analytic comparison between models and results from econophysics and financial economics in an accessible and common voca

This book presents the works and research findings of physicists, economists, mathematicians, statisticians, and financial engineers who have undertaken data-dr

Economics requires understanding and analyzing forces that bring buyers and sellers to a market place who then negotiate exchanges of goods and services based o