Experimental Econophysics Properties And Mechanisms Of Laboratory Markets(1st Edition)

Book details

Book Price $0 : Experimental Econophysics: Properties and Mechanisms of Laboratory Markets by Ji Ping Huang presents a comprehensive exploration of how physical processes can be applied to economic systems, particularly through experiments in controlled laboratory markets. The book delves into the intersection of econophysics, a discipline applying theories and methods originally developed by physicists to solve problems in economics. Within its intriguing pages, readers will find key themes including the use of statistical mechanics to simulate market dynamics, and the examination of financial markets as complex adaptive systems. This work is particularly valuable for its innovative approach to laboratory experimentation in econophysics, with detailed methodologies and case studies providing a practical solution manual for scholars and practitioners interested in market simulations. The book meticulously outlines the table of content, offering readers an organized pathway through its complex subjects. Answer Key insights are addressed through various theoretical and empirical findings, making it a seminal work for understanding laboratory markets and econophysics. Huang's synthesis of physics and economics is received as both innovative and challenging, poised to contribute significantly to the future of economic research through its experimental methodologies and computational models, blurring the boundaries between physical and economic systems. Providing a cheap yet effective way to boost understanding, this book is great for student success.