New Directions in Statistical Physics

New Directions in Statistical Physics

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This book provides a unique insight into the latest breakthroughs in a consistent manner, at a level accessible to undergraduates, yet with enough attention to the theory and computation to satisfy the professional researcher Statistical physics addresses the study and understanding of systems with many degrees of freedom. As such it has a rich and varied history, with applications to thermodynamics, magnetic phase transitions, and order/disorder transformations, to name just a few. However, the tools of statistical physics can be profitably used to investigate any system with a large number of components. Thus, recent years have seen these methods applied in many unexpected directions, three of which are the main focus of this volume. These applications have been remarkably successful and have enriched the financial, biological, and engineering literature. Although reported in the physics literature, the results tend to be scattered and the underlying unity of the field overlooked.They pertain to the analysis of crash prediction in stock market indices and to the persistence or not of coherent and random sequences in ... The stock market crash on Monday Oct. 19, 1987 led to the October black Monday syndrome. On thatanbsp;...

Title:New Directions in Statistical Physics
Author:Luc T. Wille
Publisher:Springer Science & Business Media - 2013-03-09


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