Recent advances have shown wavelets to be an effective, and even necessary, mathematical tool for theoretical physics. This book is a timely overview of the progress of this new frontier. It includes an introduction to wavelet analysis, and applications in the fields of high energy physics, astrophysics, cosmology and statistical physics. The topics are selected for the interests of physicists and graduate students of theoretical studies. It emphasizes the need for wavelets in describing and revealing structure in physical problems, which is not easily accomplishing by other methods.

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