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Statistical finance information


Statistical finance[1] is the application of econophysics[2] to financial markets. Instead of the normative roots of finance, it uses a positivist framework. It includes exemplars from statistical physics with an emphasis on emergent or collective properties of financial markets. Empirically observed stylized facts are the starting point for this approach to understanding financial markets.

  1. ^ Bouchaud, Jean-Philippe (2002). "An introduction to statistical finance". Physica A: Statistical Mechanics and Its Applications. 313 (1–2). Elsevier BV: 238–251. Bibcode:2002PhyA..313..238B. doi:10.1016/s0378-4371(02)01039-7. ISSN 0378-4371.
  2. ^ Plerou, Vasiliki; Gopikrishnan, Parameswaran; Nunes Amaral, Luís A.; Meyer, Martin; Stanley, H. Eugene (1999-12-01). "Scaling of the distribution of price fluctuations of individual companies". Physical Review E. 60 (6). American Physical Society (APS): 6519–6529. arXiv:cond-mat/9907161. Bibcode:1999PhRvE..60.6519P. doi:10.1103/physreve.60.6519. ISSN 1063-651X. PMID 11970569. S2CID 17838855.

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