Download or read book Noise and Fluctuations in Econophysics and Finance written by Derek Abbott and published by SPIE-International Society for Optical Engineering. This book was released on 2005 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: Proceedings of SPIE present the original research papers presented at SPIE conferences and other high-quality conferences in the broad-ranging fields of optics and photonics. These books provide prompt access to the latest innovations in research and technology in their respective fields. Proceedings of SPIE are among the most cited references in patent literature.
Download or read book Econophysics of Order driven Markets written by Frédéric Abergel and published by Springer Science & Business Media. This book was released on 2011-04-06 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The primary goal of the book is to present the ideas and research findings of active researchers from various communities (physicists, economists, mathematicians, financial engineers) working in the field of "Econophysics", who have undertaken the task of modelling and analyzing order-driven markets. Of primary interest in these studies are the mechanisms leading to the statistical regularities ("stylized facts") of price statistics. Results pertaining to other important issues such as market impact, the profitability of trading strategies, or mathematical models for microstructure effects, are also presented. Several leading researchers in these fields report on their recent work and also review the contemporary literature. Some historical perspectives, comments and debates on recent issues in Econophysics research are also included.
Download or read book Empirical Science of Financial Fluctuations written by Hideki Takayasu and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial fluctuations were generally neglected in classical ecnomics and their basic statistical properties have only recently been elucidated in the emerging field of econophysics, a new science that analyzes data using methods developed by statistical physics, such as chaos, fractals, and phase transitions. This volume is the proceedings of a workshop at which leading international researchers in this discipline discussed their most recent results and examined the validity of the empirical laws of econophysics. Topics include stock market prices and foreign exchange rates, income distribution, market anomalies, and risk management. The papers herein relate econophysics to other models, present new models, and illustrate the mechanisms by which financial fluctuations occur using actual financial data. Containing the most recent econophysics results, this volume will serve as an indispensable reference for economic theorists and practitioners alike.
Download or read book Dynamics of Markets written by Joseph L. McCauley and published by Cambridge University Press. This book was released on 2004-05-06 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Text introducing a new empirically-based model of financial market dynamics.
Download or read book Econophysics of Stock and other Markets written by Arnab Chatterjee and published by Springer Science & Business Media. This book was released on 2007-12-31 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reviews the latest econophysics researches on the fluctuations in stock, forex and other markets. The statistical modeling of markets, using various agent-based game theoretical approaches, and their scaling analysis have been discussed. The leading researchers in these fields have reported on their recent work and also reviewed the contemporary literature. Some historical perspectives as well as some comments and debates on recent issues in econophysics research have also been included.
Download or read book Practical Fruits of Econophysics written by Hideki Takayasu and published by Springer Science & Business Media. This book was released on 2006-06-18 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some economic phenomena are predictable and controllable, and some are impos sible to foresee. Existing economic theories do not provide satisfactory answers as to what degree economic phenomena can be predicted and controlled, and in what situations. Against this background, people working on the financial front lines in real life have to rely on empirical rules based on experiments that often lack a solid foundation. "Econophysics" is a new science that analyzes economic phenomena empirically from a physical point of view, and it is being studied mainly to offer scientific, objective and significant answers to such problems. This book is the proceedings of the third Nikkei symposium on ''Practical Fruits of Econophysics," held in Tokyo, November 9-11, 2004. In the first symposium held in 2000, empirical rules were established by analyzing high-frequency finan cial data, and various kinds of theoretical approaches were confimied. In the second symposium, in 2002, the predictability of imperfections and of economic fluctua tions was discussed in detail, and methods for applying such studies were reported. The third symposium gave an overview of practical developments that can immedi ately be applied to the financial sector, or at least provide hints as to how to use the methodology.
Download or read book Noise and Fluctuations written by David Keith Chalmers MacDonald and published by New York : J. Wiley. This book was released on 1962 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Noise Sustained Patterns written by Markus Loecher and published by World Scientific. This book was released on 2003 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates the impact of noise upon the emergence and sustenance of patterns. ?Patterns? loosely refers to coherent spatial structures, including fronts, as well as temporal patterns. The crucial role of nonlinearities is highlighted and expanded upon in the context of dynamical system frameworks. The author's familiarity with chaos theory, statistical physics and nonlinear science is reflected in the highly interdisciplinary character of the text. Model equations and experiments taken from fluid dynamics, semiconductor devices, biophysics and statistical mechanics complement theoretical concepts.It should be of great value to researchers and graduate students who desire a quick introduction to the subject. Excursions into emerging fields such as traffic flow simulations and game theory serve to broaden the scope and to encourage the exploration of sundry topics.
Download or read book Noise and Fluctuations written by David Keith Chalmers 1920- MacDonald and published by Hassell Street Press. This book was released on 2021-09-09 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Download or read book Noise and Fluctuations written by Tomás González and published by American Institute of Physics. This book was released on 2005-09-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: All papers were peer-reviewed. ICNF covers a wide variety of topics on noise and fluctuations. Research activity on noise involves several quite different disciplines (physics, engineering, mathematics, biology, chemistry, signal theory, etc.) and requires both fundamental and technological scientific efforts. Advanced micro- and nanoelectronic devices and related circuites and applications, where noise constitutes a key performance limitation, is one of the fundamental interests.
Download or read book News Noise and Fluctuations an Empirical Evidence written by Olivier Jean Blanchard and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Survival of Noise Traders in Financial Markets written by J. Bradford De Long and published by . This book was released on 1988 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: We use the revised estimates of U.S. GNP constructed by Christina Romer (1989) to assess the time-series properties of U.S. output per capita over the past century. We reject at conventional significance levels the null that output is a random walk in favor of the alternative that output is a stationary autoregressive process about a linear deterministic trend. The difference between the lack of persistence of output shocks either before WWII or over the entire century, on the one hand, and the strong signs of persistence of output shocks found by Campbell and Mankiw (1987) and by Nelson and Plosser (1982) for more recent periods is striking. It suggests to us a Keynesian interpretation of the large unit root in post-WWII U.S. output: perhaps post-WWII output shocks appear persistent because automatic stabilizers and other demand-management policies have substantially damped the transitory fluctuations that made up the pre-WWH Bums-Mitchell business cycle.
Download or read book Empirical Science of Financial Fluctuations written by Hideki Takayasu and published by Springer. This book was released on 2014-01-15 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Causes of Economic Fluctuations written by Willford Isbell King and published by . This book was released on 1938 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Noise Theory and Application to Physics written by Philippe Réfrégier and published by Springer. This book was released on 2011-12-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a unique approach to noise theory and its application to physical measurements that will find its place among the graduate course books. In a very systematic way, the foundations are laid and applied in a way that the book will also be useful to those not focusing on optics. Exercises and solutions help students to deepen their knowledge.
Download or read book News noise and fluctuations an empirical exploration written by Olivier J. Blanchard and published by . This book was released on 2009 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: We explore empirically models of aggregate fluctuations with two basic ingredients: agents form anticipations about the future based on noisy sources of information; these anticipations affect spending and output in the short run. our objective is to separate fluctuations due to actual changes in fundamentals (news) from those due to temporary errors in the private sector's estimates of these fundamentals (noise). Using a simple model where the consumption random walk hypothesis holds exactly, we address some basic methodological issues and take a first pass at the data. First, we show that if the econometrician has no informational advantage over the agents in the model, structural VARs cannot be used to identify news and noise shocks. Next, we develop a structural Maximum Likelihood approach which allows us to identify the model's parameters and to evaluate the role of news and noise shocks. Applied to postwar U.S. data, this approach suggests that noise shocks play an important role in short-run fluctuations. Keywords: Aggregate shocks, business cycles, vector autoregression, invertibility. JEL Classifications: E32, C32, D83.
Download or read book Electronic Noise and Fluctuations in Solids written by Sh. Kogan and published by Cambridge University Press. This book was released on 2008-07-31 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the physics of electronic fluctuations (noise) in solids. The author emphasizes many fundamental experiments that have become classics: physical mechanisms of fluctuations, and the nature and magnitude of noise. He also includes the most comprehensive and complete review of flicker (1/f) noise in the literature. It will be useful to graduate students and researchers in physics and electronic engineering, and especially those carrying out research in the fields of noise phenomena and highly sensitive electronic devices--detectors, electronic devices for low-noise amplifiers, and quantum magnetometers (SQUIDS).
