Continuum Limit and Renormalization of Market Price Dynamics Based on PUCK Model

DOI10.1143/PTPS.179.1MaRDI QIDQ5325405zbMATH OpenWikidataFDO

Authors M. Takayasu, H. Takayasu

Publication date 10 August 2009

Published in Progress of Theoretical Physics Supplement (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1143/PTPS.179.1

Mathematics Subject Classification ID

Applications of statistical and quantum mechanics to economics (econophysics) (91B80)

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(5)

• The mechanism of double-exponential growth in hyper-inflation
• Analysis of high-resolution foreign exchange data of USD-JPY for 13 years
• Compatibility conditions for systems of iterative functional equations with non-trivial contact sets
• Random coefficient autoregressive processes and the PUCK model with fluctuating potential
• Rapid detection of the switching point in a financial market structure using the particle filter

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