Statistical Physics and Its Applications in Economics and Social Sciences
Econophysics and sociophysics are interdisciplinary research fields that merge social and economic problems using techniques derived from statistical physics. While econophysics delves into financial market behavior and wealth distribution inequality, sociophysics explores opinion formation, polls a...
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| Materialtyp: | Online |
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| Språk: | engelska |
| Utgiven: |
MDPI - Multidisciplinary Digital Publishing Institute
2024
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| Ämnen: | |
| Länkar: | ONIX_20240704_9783725812561_156 |
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| _version_ | 1869519684898914304 |
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| collection | Directory of Open Access Books |
| description | Econophysics and sociophysics are interdisciplinary research fields that merge social and economic problems using techniques derived from statistical physics. While econophysics delves into financial market behavior and wealth distribution inequality, sociophysics explores opinion formation, polls and technology adoption. Over the past three decades, these interdisciplinary fields have undergone significant development, capturing ongoing interest as they strive to provide statistical descriptions of various phenomena in the realm of social sciences. This Special Issue features articles exploring the importance of risk aversion, the inevitability of condensation even in the presence of equal opportunities, and methods to mitigate inequality through wealth redistribution. The focus is on the condensed state, the dynamics leading to it and the entropy behavior as systems approach condensation. Tax and risk aversion effects, along with model variations, are detailed in several articles. Moreover, opinion dynamics and regional economy, particularly in China, incorporating the spatial dimension into market analysis are explored. About the Guest Editor: Prof. José Roberto Iglesias is an emeritus professor at the Physics Institute of Universidade Federal do Rio Grande do Sul, in Porto Alegre, Brazil. He specializes in the application of statistical physics across multidisciplinary subjects such as neural nets, fractal aggregation, econophysics and sociophysics. |
| format | Online |
| id | doab-20.500.12854ir-139360 |
| institution | Directory of Open Access Books |
| language | eng |
| publishDate | 2024 |
| publishDateRange | 2024 |
| publishDateSort | 2024 |
| publisher | MDPI - Multidisciplinary Digital Publishing Institute |
| publisherStr | MDPI - Multidisciplinary Digital Publishing Institute |
| record_format | ojs |
| spelling | doab-20.500.12854ir-1393602024-07-04T09:46:21Z Statistical Physics and Its Applications in Economics and Social Sciences Iglesias, José Roberto opinion dynamics opinion formation opinion polarization replicator population stochastic resetting resource distribution anomalous fluctuations clustering inequalities and wealth redistribution taxes and redistribution mutual aid equivalent exchange non-equivalent exchange markets economic flow econophysics green brand value innovation efficiency innovation value chain intellectual property protection negative entropy flow spatial Dubin model panel threshold model business ecosystem population dynamics Shannon evenness co-evolution in markets wealth inequality kinetic exchange models Yard-Sale model Monte Carlo simulations agent-based economy information taxation complex systems income distributions exchange models inequality recommendation algorithm social recommendation generative adversarial network nonlinear mapping financial big data stock market modeling random matrix theory eigenvalue analysis thema EDItEUR::P Mathematics and Science thema EDItEUR::P Mathematics and Science::PH Physics thema EDItEUR::P Mathematics and Science::PH Physics::PHS Statistical physics Econophysics and sociophysics are interdisciplinary research fields that merge social and economic problems using techniques derived from statistical physics. While econophysics delves into financial market behavior and wealth distribution inequality, sociophysics explores opinion formation, polls and technology adoption. Over the past three decades, these interdisciplinary fields have undergone significant development, capturing ongoing interest as they strive to provide statistical descriptions of various phenomena in the realm of social sciences. This Special Issue features articles exploring the importance of risk aversion, the inevitability of condensation even in the presence of equal opportunities, and methods to mitigate inequality through wealth redistribution. The focus is on the condensed state, the dynamics leading to it and the entropy behavior as systems approach condensation. Tax and risk aversion effects, along with model variations, are detailed in several articles. Moreover, opinion dynamics and regional economy, particularly in China, incorporating the spatial dimension into market analysis are explored. About the Guest Editor: Prof. José Roberto Iglesias is an emeritus professor at the Physics Institute of Universidade Federal do Rio Grande do Sul, in Porto Alegre, Brazil. He specializes in the application of statistical physics across multidisciplinary subjects such as neural nets, fractal aggregation, econophysics and sociophysics. 2024-07-04T09:46:17Z 2024-07-04T09:46:17Z 2024 book ONIX_20240704_9783725812561_156 9783725812561 9783725812554 https://directory.doabooks.org/handle/20.500.12854/139360 eng application/octet-stream Attribution-NonCommercial-NoDerivatives 4.0 International https://mdpi.com/books/pdfview/book/9358 https://mdpi.com/books/pdfview/book/9358 MDPI - Multidisciplinary Digital Publishing Institute 10.3390/books978-3-7258-1255-4 10.3390/books978-3-7258-1255-4 46cabcaa-dd94-4bfe-87b4-55023c1b36d0 9783725812561 9783725812554 188 open access |
| spellingShingle | opinion dynamics opinion formation opinion polarization replicator population stochastic resetting resource distribution anomalous fluctuations clustering inequalities and wealth redistribution taxes and redistribution mutual aid equivalent exchange non-equivalent exchange markets economic flow econophysics green brand value innovation efficiency innovation value chain intellectual property protection negative entropy flow spatial Dubin model panel threshold model business ecosystem population dynamics Shannon evenness co-evolution in markets wealth inequality kinetic exchange models Yard-Sale model Monte Carlo simulations agent-based economy information taxation complex systems income distributions exchange models inequality recommendation algorithm social recommendation generative adversarial network nonlinear mapping financial big data stock market modeling random matrix theory eigenvalue analysis thema EDItEUR::P Mathematics and Science thema EDItEUR::P Mathematics and Science::PH Physics thema EDItEUR::P Mathematics and Science::PH Physics::PHS Statistical physics Statistical Physics and Its Applications in Economics and Social Sciences |
| title | Statistical Physics and Its Applications in Economics and Social Sciences |
| title_full | Statistical Physics and Its Applications in Economics and Social Sciences |
| title_fullStr | Statistical Physics and Its Applications in Economics and Social Sciences |
| title_full_unstemmed | Statistical Physics and Its Applications in Economics and Social Sciences |
| title_short | Statistical Physics and Its Applications in Economics and Social Sciences |
| title_sort | statistical physics and its applications in economics and social sciences |
| topic | opinion dynamics opinion formation opinion polarization replicator population stochastic resetting resource distribution anomalous fluctuations clustering inequalities and wealth redistribution taxes and redistribution mutual aid equivalent exchange non-equivalent exchange markets economic flow econophysics green brand value innovation efficiency innovation value chain intellectual property protection negative entropy flow spatial Dubin model panel threshold model business ecosystem population dynamics Shannon evenness co-evolution in markets wealth inequality kinetic exchange models Yard-Sale model Monte Carlo simulations agent-based economy information taxation complex systems income distributions exchange models inequality recommendation algorithm social recommendation generative adversarial network nonlinear mapping financial big data stock market modeling random matrix theory eigenvalue analysis thema EDItEUR::P Mathematics and Science thema EDItEUR::P Mathematics and Science::PH Physics thema EDItEUR::P Mathematics and Science::PH Physics::PHS Statistical physics |
| topic_facet | opinion dynamics opinion formation opinion polarization replicator population stochastic resetting resource distribution anomalous fluctuations clustering inequalities and wealth redistribution taxes and redistribution mutual aid equivalent exchange non-equivalent exchange markets economic flow econophysics green brand value innovation efficiency innovation value chain intellectual property protection negative entropy flow spatial Dubin model panel threshold model business ecosystem population dynamics Shannon evenness co-evolution in markets wealth inequality kinetic exchange models Yard-Sale model Monte Carlo simulations agent-based economy information taxation complex systems income distributions exchange models inequality recommendation algorithm social recommendation generative adversarial network nonlinear mapping financial big data stock market modeling random matrix theory eigenvalue analysis thema EDItEUR::P Mathematics and Science thema EDItEUR::P Mathematics and Science::PH Physics thema EDItEUR::P Mathematics and Science::PH Physics::PHS Statistical physics |
| url | ONIX_20240704_9783725812561_156 |