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Dynamics of Markets: Econophysics a..., McCauley, Josep

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Item specifics

Condition
Good: A book that has been read, but is in good condition. Minimal damage to the book cover eg. ...
Title
Dynamics of Markets: Econophysics and Finance
Book Title
Dynamics of Markets: Econophysics and Finance
ISBN
0521824478
EAN
9780521824477
Binding
Hardback
Genre
Physics
Height
20.07
Length
255.02
Width
180.09
Release Title
Dynamics of Markets: Econophysics and Finance
Artist
McCauley, Joseph L.
Brand
N/A
Colour
N/A
Publication Year
2004
Type
Textbook
Format
Hardcover
Language
English
Publication Name
Dynamics of Markets: Econophysics and Finance
Item Height
255mm
Author
Joseph L. Mccauley
Publisher
Cambridge University Press
Item Width
180mm
Subject
Economics, Physics
Item Weight
652g
Number of Pages
226 Pages

About this product

Product Information

Standard texts and research in economics and finance ignore the absence of evidence from the analysis of real, unmassaged market data to support the notion of Adam Smith's stabilizing Invisible Hand. The neoclassical equilibrium model forms the theoretical basis for the positions of the U.S. Treasury, the World Bank and the European Union, accepting it as their credo. It provides the theoretical underpinning for globalization, expecting to achieve the best of all possible worlds via the deregulation of all markets. In stark contrast, this text introduces a new empirically-based model of financial market dynamics that explains volatility, prices options correctly and clarifies the instability of financial markets. The emphasis is on understanding how real markets behave, not how they hypothetically 'should' behave. This text is written for physics graduate students and finance specialists, but will also serve as a valuable resource for those with a less mathematical background.

Product Identifiers

Publisher
Cambridge University Press
ISBN-13
9780521824477
eBay Product ID (ePID)
25046536819

Product Key Features

Author
Joseph L. Mccauley
Publication Name
Dynamics of Markets: Econophysics and Finance
Format
Hardcover
Language
English
Subject
Economics, Physics
Publication Year
2004
Type
Textbook
Number of Pages
226 Pages

Dimensions

Item Height
255mm
Item Width
180mm
Item Weight
652g

Additional Product Features

Title_Author
Joseph L. Mccauley
Country/Region of Manufacture
United Kingdom

Item description from the seller

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WORLD OF BOOKS LIMITED
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BN12 4QY
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  • EL 996857788
  • ES N8267548I
  • FR 27823676960
  • GB 922696893
  • IT 00185819992
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  • 06437594
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World of Books Ltd

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