The Statistical Mechanics of Financial Markets

The Statistical Mechanics of Financial Markets
Author: Johannes Voit
Publisher: Springer Science & Business Media
Total Pages: 227
Release: 2013-06-29
Genre: Science
ISBN: 3662044234

A careful examination of the interaction between physics and finance. It takes a look at the 100-year-long history of co-operation between the two fields and goes on to provide new research results on capital markets - taken from the field of statistical physics. The random walk model, well known in physics, is one good example of where the two disciplines meet. In the world of finance it is the basic model upon which the Black-Scholes theory of option pricing and hedging has been built. The underlying assumptions are discussed using empirical financial data and analogies to physical models such as fluid flows, turbulence, or superdiffusion. On this basis, new theories of derivative pricing and risk control can be formulated.

Statistical Mechanics: Theory and Molecular Simulation

Statistical Mechanics: Theory and Molecular Simulation
Author: Mark Tuckerman
Publisher: OUP Oxford
Total Pages: 719
Release: 2010-02-11
Genre: Science
ISBN: 0191523461

Complex systems that bridge the traditional disciplines of physics, chemistry, biology, and materials science can be studied at an unprecedented level of detail using increasingly sophisticated theoretical methodology and high-speed computers. The aim of this book is to prepare burgeoning users and developers to become active participants in this exciting and rapidly advancing research area by uniting for the first time, in one monograph, the basic concepts of equilibrium and time-dependent statistical mechanics with the modern techniques used to solve the complex problems that arise in real-world applications. The book contains a detailed review of classical and quantum mechanics, in-depth discussions of the most commonly used ensembles simultaneously with modern computational techniques such as molecular dynamics and Monte Carlo, and important topics including free-energy calculations, linear-response theory, harmonic baths and the generalized Langevin equation, critical phenomena, and advanced conformational sampling methods. Burgeoning users and developers are thus provided firm grounding to become active participants in this exciting and rapidly advancing research area, while experienced practitioners will find the book to be a useful reference tool for the field.

Algebraic Methods in Statistical Mechanics and Quantum Field Theory

Algebraic Methods in Statistical Mechanics and Quantum Field Theory
Author: Dr. GĂ©rard G. Emch
Publisher: Courier Corporation
Total Pages: 336
Release: 2014-08-04
Genre: Science
ISBN: 0486151719

This systematic algebraic approach offers a careful formulation of the problems' physical motivations as well as self-contained descriptions of the mathematical methods for arriving at solutions. 1972 edition.

Statistical Physics

Statistical Physics
Author: Josef Honerkamp
Publisher: Springer Science & Business Media
Total Pages: 416
Release: 2013-03-09
Genre: Science
ISBN: 3662037092

Statistical Physics offers an advanced treatment with numerous applications to modern problems of relevance to researchers and students. Supplementing the concepts and methods employed in statistical mechanics, the book also covers the fundamentals of probability and statistics, mathematical statistics, and stochastic methods for the analysis of data. It is divided into two parts, the first focusing on the modeling of statistical systems, the second on the analysis of these systems.

Statistical Mechanics

Statistical Mechanics
Author: Richard E. Wilde
Publisher: Wiley-Interscience
Total Pages: 424
Release: 1998
Genre: Science
ISBN:

A valuable learning tool for students and an indispensable resource for professional scientists and engineers Several outstanding features make this book a superior introduction to modern statistical mechanics: It is the only intermediate-level text offering comprehensive coverage of both basic statistical mechanics and modern topics such as molecular dynamic methods, renormalization theory, chaos, polymer chain folding, oscillating chemical reactions, and cellular automata. It is also the only text written at this level to address both equilibrium and nonequilibrium statistical mechanics. Finally, students and professionals alike will appreciate such aids to comprehension as detailed derivations for most equations, more than 100 chapter-end exercises, and 15 computer programs written in FORTRAN that illustrate many of the concepts covered in the text. Statistical Mechanics begins with a refresher course in the essentials of modern statistical mechanics which, on its own, can serve as a handy pocket guide to basic definitions and formulas. Part II is devoted to equilibrium statistical mechanics. Readers will find in-depth coverage of phase transitions, critical phenomena, liquids, molecular dynamics, Monte Carlo techniques, polymers, and more. Part III focuses on nonequilibrium statistical mechanics and progresses in a logical manner from near-equilibrium systems, for which linear responses can be used, to far-from-equilibrium systems requiring nonlinear differential equations.

Statistical Field Theory

Statistical Field Theory
Author: G. Mussardo
Publisher: Oxford University Press, USA
Total Pages: 778
Release: 2010
Genre: Mathematics
ISBN: 0199547580

A thorough and pedagogical introduction to phase transitions and exactly solved models in statistical physics and quantum field theory.

Statistical Physics

Statistical Physics
Author: Gregory H. Wannier
Publisher: Courier Corporation
Total Pages: 561
Release: 1987-01-01
Genre: Science
ISBN: 048665401X

Classic text combines thermodynamics, statistical mechanics, and kinetic theory in one unified presentation. Topics include equilibrium statistics of special systems, kinetic theory, transport coefficients, and fluctuations. Problems with solutions. 1966 edition.

Statistical Mechanics of Lattice Systems

Statistical Mechanics of Lattice Systems
Author: Sacha Friedli
Publisher: Cambridge University Press
Total Pages: 643
Release: 2017-11-23
Genre: Mathematics
ISBN: 1107184827

A self-contained, mathematical introduction to the driving ideas in equilibrium statistical mechanics, studying important models in detail.