• Corpus ID: 118833515

# Is Econophysics a Solid Science

@article{Burda2003IsEA,
title={Is Econophysics a Solid Science},
author={Zdzislaw Burda and Jerzy Jurkiewicz and Maciej A. Nowak},
journal={arXiv: Condensed Matter},
year={2003}
}
• Published 8 January 2003
• Economics
• arXiv: Condensed Matter
Econophysics is an approach to quantitative economy using ideas, models, conceptual and computational methods of statistical physics. In recent years many of physical theories like theory of turbulence, scaling, random matrix theory or renormalization group were successfully applied to economy giving a boost to modern computational techniques of data analysis, risk management, artificial markets, macro-economy, {\it etc.} Econophysics became a regular discipline covering a large spectrum of…

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