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Nowadays, in societies threatened by atomization, selfishness, short-term thinking, and alienation from political life, there is a renewed debate about classical questions concerning the quality of democratic decision making. In this work a cellular automata model for the dynamics of free...
Persistent link: https://www.econbiz.de/10011064476
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This paper studies the statistical properties of the web of import-export relationships among world countries using a weighted-network approach. We analyze how the distributions of the most important network statistics measuring connectivity, assortativity, clustering and centrality have...
Persistent link: https://www.econbiz.de/10005518722
This chapter reviews recent research adopting methods from statistical physics in theoretical or empirical work in economics and finance. The bulk of what has recently become known as 'econophysics' in broader circles draws its motivation from observed scaling laws in financial markets and the...
Persistent link: https://www.econbiz.de/10005566184
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