This book expands the explanatory scope of econophysics to the real economy. Num Pages: 262 pages, 159 b/w illus. 14 tables. BIC Classification: KCD; KCH; PHS. Category: (U) Tertiary Education (US: College). Dimension: 255 x 182 x 18. Weight in Grams: 680. . 2010. Illustrated. hardcover. . . . .

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Bibliographic Details

Title: Econophysics and Companies: Statistical Life and Death in Complex Business Networks
Publisher: Cambridge University Press
Publication Date: 2010
Language: English
ISBN 10: 0521191491
ISBN 13: 9780521191494
Binding: Hardcover
Condition: New

About this title

Synopsis

Econophysics is an emerging interdisciplinary field that takes advantage of the concepts and methods of statistical physics to analyse economic phenomena. This book expands the explanatory scope of econophysics to the real economy by using methods from statistical physics to analyse the success and failure of companies. Using large data sets of companies and income-earners in Japan and Europe, a distinguished team of researchers show how these methods allow us to analyse companies, from huge corporations to small firms, as heterogeneous agents interacting at multiple layers of complex networks. They then show how successful this approach is in explaining a wide range of recent findings relating to the dynamics of companies. With mathematics kept to a minimum, the book is not only a lively introduction to the field of econophysics but also provides fresh insights into company behaviour.

About the Author

Hideaki Aoyama is Professor of Physics at Kyoto University, Japan.
Yoshi Fujiwara is Research Fellow at Advanced Telecommunication Research Institute International (ATR), Kyoto, Japan.
Yuichi Ikeda is Senior Researcher at Hitachi Ltd, Hitachi Research Laboratory, Japan.
Hiroshi Iyetomi is Professor of Physics at Niigata University, Japan.
Wataru Souma is Associate Professor of Physics at Nihon University, Japan.

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