Cover -- Half-title -- Title -- Copyright -- Contents -- Preface -- Part I Econophysics -- 1 Why econophysics? -- 1 Newton's apple paradigm revisited -- 1.1 Newton's apple -- 1.2 An economic parallel -- 2 Simple phenomena first -- 2.1 Two-body problems -- 2.2 Complexity classification -- 2.3 The...

Speculation not only occurs in financial markets but also in numerous other markets, e.g. commodities, real estate, collectibles, and so on. Such speculative movements result in price peaks which share many common characteristics: same order of magnitude of duration with respect to amplitude,...

This volume explores the changes in speculative trading in the United States to provide an understanding of the present economic crisis. Readers will find a unified mathematical theory of speculation and new chapters that discuss neoliberalism