Bose-Einstein Condensation in Financial Systems

Bose-Einstein Condensation in Financial Systems

We describe financial systems as condensates, similar to Bose-Einstein condensates, and calculate equilibrium statistical distributions following from the model. The calculated distribution of investments into speculated financial asset is exponentially truncated Pareto distribution, and the calcul...

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Bibliographic Details
Main Author: K. Staliūnas
Format: Article
Language:English
Published: Vilnius University Press 2005-07-01
Series:Nonlinear Analysis
Subjects:
econophysics
Non-Gaussian distributions
Levy distributions
Bose-Einstein statistics
Online Access:http://www.zurnalai.vu.lt/nonlinear-analysis/article/view/15123

Internet

http://www.zurnalai.vu.lt/nonlinear-analysis/article/view/15123

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