Finitary probabilistic methods in econophysics / Ubaldo Garibaldi, Enrico Scalas.

"Econophysics applies the methodology of physics to the study of economics. However, whilst physicists have good understanding of statistical physics, they may be unfamiliar with recent advances in statistical conjectures, including Bayesian and predictive methods. Equally, economists with know...

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Bibliographic Details
Main Author: Garibaldi, Ubaldo
Other Authors: Scalas, Enrico
Format: Book
Language:English
Published: Cambridge ; New York : Cambridge University Press, 2010.
Subjects:
Table of Contents:
  • Introductory remarks
  • Individual and statistical descriptions
  • Probability and events
  • Finite random variables and stochastic processes
  • The PĆ³lya process
  • Time evolution and finite Markov chains
  • The Ehrenfest-Brillouin model
  • Applications to stylized models in economics
  • Finitary characterization of the Ewens sampling formula
  • The Zipf-Simon-Yule process.