Econophysics, Statistical Mechanics Approach to
Statistical Finance
2023-06-06 v4 Statistical Mechanics
Data Analysis, Statistics and Probability
Physics and Society
Applications
Abstract
This is a review article for Encyclopedia of Complexity and System Science, to be published by Springer http://refworks.springer.com/complexity/. The paper reviews statistical models for money, wealth, and income distributions developed in the econophysics literature since late 1990s.
Keywords
Cite
@article{arxiv.0709.3662,
title = {Econophysics, Statistical Mechanics Approach to},
author = {Victor M. Yakovenko},
journal= {arXiv preprint arXiv:0709.3662},
year = {2023}
}
Comments
24 pages, 11 figures, 151 citations. V.2: one reference added. V.3: many minor corrections, some references added. V.4: many minor stylistic corrections incorporated after receiving the proofs