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  • 1
    ISBN: 9780817649463
    Language: English
    Pages: x, 435 p. , ill.
    Series Statement: Modeling and simulation in science, engineering and technology
    Series Statement: Modeling and Simulation in Science, Engineering and Technology Ser.
    Parallel Title: Erscheint auch als
    DDC: 301.01
    Keywords: Collective behavior -- Mathematical models ; Entrepreneurship -- Mathematical models ; Self-organizing systems -- Mathematical models ; Collective behavior ; Mathematical models ; Entrepreneurship ; Mathematical models ; Self-organizing systems ; Mathematical models ; Electronic books
    Abstract: Using examples from financial markets and modern warfare to the flocking of birds and the swarming of bacteria, this book shows how behavior in such diverse areas as sociology, economics, and the life sciences can be described by closely related models.
    Abstract: Mathematical Modeling of Collective Behavior in Socio-Economic and Life Sciences -- Preface -- Contents -- Part I Economic modelling and financial markets -- Agent-based models of economic interactions -- 1 Introduction -- 2 Order books -- 2.1 Order-driven market models -- The Bak, Paczuski and Shubik model -- The Maslov model -- The Challet and Stinchcombe model -- 2.2 The market interactions models -- The Cont and Bouchaud model -- The Lux and Marchesi model -- The Preis model -- 3 Wealth distributions -- 3.1 Kinetic wealth exchange models -- Exchange models without saving -- Exchange models with saving -- 4 Minority games -- 4.1 Basic minority game -- 4.2 A few variants of the basic minority game -- 5 Final remarks -- 6 Acknowledgements -- References -- On kinetic asset exchange models and beyond:microeconomic formulation, trade network, and all that -- 1 Introduction -- 2 Gas-like models -- 2.1 Models with savings -- 2.2 Average money at any saving propensity and the distribution -- 2.3 Rigorous treatments of the problems -- 3 A microeconomic formulation -- 3.1 Random exchange -- 3.2 Exchange with savings -- 3.3 Global market -- 3.4 Steady state distribution of money and price -- 4 Models on directed networks -- 4.1 Model with uniform -- 4.2 Model with distributed -- 5 Preferential transactions and weighted trade network -- 5.1 The trade network -- 5.2 Degree distribution -- 5.3 The weighted network -- 6 Discussions and outlook -- 7 Acknowledgements -- References -- Microscopic and kinetic models in financial markets -- 1 Introduction -- 2 Microscopic models -- 2.1 The Levy-Levy-Solomon model -- 2.2 The Lux-Marchesi model -- 3 Kinetic models -- 3.1 A kinetic model for a speculative market -- Kinetic setting -- The kinetic equation and its property -- Fokker-Planck asymptotics and wealth distribution -- Numerical simulations.
    Note: Includes bibliographical references and index
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  • 2
    Online Resource
    Online Resource
    Boston : Springer Science+Business Media, LLC
    ISBN: 9780817649463
    Language: English
    Pages: Online-Ressource , v.: digital
    Edition: Online-Ausg. Springer eBook Collection. Mathematics and Statistics Electronic reproduction; Available via World Wide Web
    Series Statement: Modeling and Simulation in Science, Engineering and Technology
    DDC: 302.3/3
    RVK:
    Keywords: Mathematics ; Differential equations, partial ; Biology Mathematics ; Finance ; Economics, Mathematical
    Abstract: Using examples from finance and modern warfare to the flocking of birds and the swarming of bacteria, the collected research in this volume demonstrates the common methodological approaches and tools for modeling and simulating collective behavior.The topics presented point toward new and challenging frontiers of applied mathematics, making the volume a useful reference text for applied mathematicians, physicists, biologists, and economists involved in the modeling of socio-economic systems.
    Abstract: Mathematical modeling using dynamical systems and partial differential equations is now playing an increasing role in the understanding of complex multi-scale phenomena. Behavior in seemingly different areas such as sociology, economics, and the life sciences can be described by closely related models. Using examples from financial markets and modern warfare to the flocking of birds and the swarming of bacteria, the collected research in this volume demonstrates the common methodological approaches and tools for modeling and simulating collective behavior. The topics presented point toward new and challenging frontiers of applied mathematics, making the volume a useful reference text for applied mathematicians, physicists, biologists, and economists involved in the modeling of socio-economic systems. TOC:Part I. Economic modelling and financial markets.- Agent-based models of economic interactions.- On kinetic asset exchange models and beyond: microeconomic formulation, trade network and all that.- Microscopic and kinetic models in financial markets.- A mathematical theory for wealth distribution.- Tolstoy`s dream and the quest for statistical equilibrium in economics and the social sciences.- Part II. Social modelling and opinion formation.- New perspectives in the equilibrium statistical mechanics approach to social and economic sciences.- Kinetic modelling of complex socio-economic systems.- Mathematics and physics applications in sociodynamics simulation: the case of opinion formation and diffusion.- Global dynamics in adaptive models of collective choice with social influence.- Modelling opinion formation by means of kinetic equations.- Part III. Human behavior and swarming.- On the modelling of vehicular traffic and crowds by kinetic theory of active particles.- Particle, kinetic, and hydrodynamic models of swarming.- Modeling self-organization in pedestrians and animal groups from macroscopic and microscopic viewpoints.- Statistical physics and modern human warfare.- Diffusive and nondiffusive population models.
    Description / Table of Contents: Mathematical Modeling of Collective Behavior in Socio-Economic and Life Sciences; Preface; Contents; Part I Economic modelling and financial markets; Agent-based models of economic interactions; On kinetic asset exchange models and beyond:microeconomic formulation, trade network, and all that; Microscopic and kinetic models in financial markets; A mathematical theory for wealth distribution; Tolstoy's dream and the quest for statistical equilibrium in economics and the social sciences; Part II Social modelling and opinion formation
    Description / Table of Contents: New perspectives in the equilibrium statistical mechanics approach to social and economic sciencesKinetic modelling of complex socio-economic systems; Mathematics and physics applications in sociodynamics simulation: the case of opinion formation and diffusion; Global dynamics in adaptive models of collective choice with social influence; Modelling opinion formation by means of kinetic equations; Part III Human behavior and swarming; On the modelling of vehicular traffic and crowds by kinetic theory of active particles; Particle, kinetic, and hydrodynamic models of swarming
    Description / Table of Contents: Modeling self-organization in pedestrians and animal groups from macroscopic and microscopic viewpointsStatistical physics and modern human warfare; Diffusive and nondiffusive population models; Index
    Note: Includes bibliographical references and index , Electronic reproduction; Available via World Wide Web
    URL: Volltext  (lizenzpflichtig)
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