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In recent years economics agents and systems have become more and more interacting and juxtaposed, therefore the social sciences need to rely on the studies of physical sciences to analyze this complexity in the relationships. According to this point of view the authors rely on the geometrical...
Persistent link: https://www.econbiz.de/10011441523
In recent years economic agents and systems have become more and more interactive and juxtaposed, therefore the social sciences need to rely on the studies of physical sciences to analyze this complexity in the relationships. According to this point of view, the authors rely on the geometrical...
Persistent link: https://www.econbiz.de/10011489227
The distribution of firm sizes is known to be heavy tailed. In order to account for this stylized fact, previous studies have focused mainly on growth through investments in a company's own operations (internal growth). Thereby, the impact of mergers and acquisitions (M&A) on the firm size...
Persistent link: https://www.econbiz.de/10011518770
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complex network theory from the perspective of econophysics, thus adding up to the existing theories. Besides, it also aims at …
Persistent link: https://www.econbiz.de/10012819066
Persistent link: https://www.econbiz.de/10012802611
The change of information near light speed, advances in high-speed trading, spatial arbitrage strategies and foreseen space exploration, suggest the need to consider the effects of the theory of relativity in finance models. Time and space, under certain circumstances, are not dissociated and...
Persistent link: https://www.econbiz.de/10012545327
There is no term that better describes the essential features of human society than complexity. On various levels, from the decision-making processes of individuals, through to the interactions between individuals leading to the spontaneous formation of groups and social hierarchies, up to the...
Persistent link: https://www.econbiz.de/10012586642
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In this paper, we deal with the possibility of using econophysics concepts in dynamic portfolio optimization. The main …
Persistent link: https://www.econbiz.de/10012626748