The Complex Dynamics of Economic Interaction: Essays in Economics and Econophysics - Lecture Notes in Economics and Mathematical Systems 2004 edition

Marc Notes: Includes bibl. ref.; Conf. papers ... 2002. Table of Contents: I Economics.- A New Model of Industry Dynamics.- Monetary Policy and the Distribution of Wealth in a OLG Economy with Heterogeneous Agents, Money and Bequests.- Limit Pricing and Entry Dynamics with Heterogeneous Firms.- Viability of Innovation Processes, Emergence and Stability of Market Structures.- Firms Bankruptcy and Turnover in a Macroeconomy.- II Econophysics: empirical analysis.- Statistical Physics and Economic Fluctuations.- Modeling the Dynamics of a Financial Index after a Crash.- Price Impact Function of a Single Transaction.- Income Distribution and Stochastic Multiplicative Process with Reset Events.- III Market Models and Stylized Facts.- Volatility Clustring in Agent Based Market Model.- A Dynamical Analysis of Speculation across two Markets.- A Simple Micro-Model of Market Dynamics.- Herd Behavior in Artificial Stock Markets.- IV Models of Bounded Rationality.- Bargaining with Posterior Opportunities: an Evolutionary Social Simulation.- Herding Behavior of Financial Analysts: A Model of Self-organized Criticality.- Give-and-Take in Minority Games.- Coordination in Self-organization in Minority Games: Experimental Evidence.- V Societies of Interacting Agents.- Coordination of D ecisions in a Spatial Model of Brownian Agents.- Coalition Formation with Boundedly Rational Agents.- On the Creation of Networks and Knowledge.- Impact of Corporate Boards Interlock on the Decision Making Dynamics.- Interaction of Heterogeneous Agents in Stochastic Socio-Economic Systems.- Coordination of Decisions in a Spatial Model of Brownian Agents."

Contributor Bio:  Marsili, Matteo Damien Challet graduated as a physicist at the Swiss Institute of Technology, Lausanne, and obtained his Ph. D at Fribourg University under the supervision of Prof Yi-Cheng Zhang. He then spent three years as a postdoctoral fellow in Theoretical Physics at Oxford and is now Nomura Junior ResearchFellow in Financial Mathematics, Oxford, jointly with Wadham College. He was given the Young European Scientist Award in Socio- and Econophysics in 2002. Matteo Marsili graduated in physics at La Sapienza in Rome. Then he moved to Trieste, obtaining his Ph. D. at SISSA in 1994. Having been aresearcher at the Istituto Nazionale per la Fisica della Materia in Trieste, he is now Research Scientist at the Abus Salam International Centre for Theoretical Physics. Yi-Cheng Zhang obtained his Ph. D on particle physics in 1984 under Giorgio Parisi in Rome and then completed a two-yearpostdoctoral stint at Brookhaven National Lab USA (1984-1986). He was a senior researcher at Istituto Nazionale Fisica Nucleare (1986-1991). Since 1992, he has been Professor of Theoretical Physics at Fribourg University in Switzerland.