Journal of Physics Research
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Data on physics described by researchers at Catholic University
April 28th, 2008
According to recent research published in the journal Physica a - Statistical Mechanics and Its Applications, "We have studied the performance of the Hurst's index associated with the currency exchange rate in Brazil and Chile. It is shown that this index maps the degree of government control in the exchange rate."
"A model of supply and demand based in an autonomous agent is proposed, that simulates a virtual market of sale and purchase, where buyer or seller are forced to negotiate through an intermediary. According to this model, the average of the price of daily transactions correspond to the theoretical balance proposed by the law of supply and demand," wrote...
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Source: Journal of Physics Research (2008-04-28)