Economic system dynamics (Q1769477)

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scientific article; zbMATH DE number 2148591
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    Economic system dynamics
    scientific article; zbMATH DE number 2148591

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      Economic system dynamics (English)
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      21 March 2005
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      Summary: We provide here a qualitative summary of the main ideas from econophysics and finance theory, starting with a thorough criticism of the standard ideas taught in typical economics textbooks. The emphasis is on the Galilean or physicists' approach to market dynamics, as opposed to the standard nonempirical postulatory one.
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