Introduction

Günter Haag
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Günter Haag: University of Stuttgart, Institute of Theoretical Physics II

Chapter Chapter 1 in Modelling with the Master Equation, 2017, pp 1-11 from Springer

Abstract: Abstract This chapter provides an introduction into the modelling of processes in natural and social sciences and the organisation and structure of the book. The Master equation approach provides a powerful general framework for model building in a variety of disciplines. The aim of the book is to not only highlight different mathematical solution methods, but also reveal their potential by means of practical examples. The case studies mainly hail from the social sciences, including urban and regional dynamics, population dynamics, dynamic decision theory, opinion formation and traffic dynamics; however, some applications from physics and chemistry are treated as well, underlining the interdisciplinary modelling potential of the Master equation approach.

Keywords: Master Equation Framework; Quantum Mechanical Density Matrix Formalism; Spatial Interaction Models; Configuration Decisions; Weidlich (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-60300-1_1

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DOI: 10.1007/978-3-319-60300-1_1

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