Illustrated with a series of case studies and worked examples, it presents an interdisciplinary framework to enable researchers from the mathematical, physical and social sciences to collaborate on ...

This book has become a classic reference for graduate students and researchers working in econophysics and mathematical finance, and for quantitative analysts working on risk management, derivative ...

In the case of market fluctuations, for example, the bell curve predicts a one-day drop of 10 percent in the valuation of a stock just about once every 500 years. The empirical power law gives a very ...