2007-01-01
AUTHORSMauro Gallegati , Bikas K. Chakrabarti , Taisei Kaizoji , Yougui Wang , Yoshi Fujiwara , Sitabhra Sinha , Jürgen Mimkes
ABSTRACTSo far econophysics has given contributions in four areas of economics: financial markets, wealth and income distribution, industrial economics (firms’ size distribution, growth rates) and, more recently, networks analysis. According to Gallegati et al., 2006, there are some weakness in the approach: a lack of awareness of work that has been done within economics itself; resistance to more rigorous and robust statistical methodology; the belief that universal empirical regularities can be found in many areas of economic activity; the theoretical models which are being used to explain empirical phenomena. The paper raised a lively debate (see e.g. Ball, 2006). More... »
PAGES249-266
Econophysics of Markets and Business Networks
ISBN
978-88-470-0664-5
978-88-470-0665-2
http://scigraph.springernature.com/pub.10.1007/978-88-470-0665-2_19
DOIhttp://dx.doi.org/10.1007/978-88-470-0665-2_19
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