• 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}
}
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… 

Figures from this paper

The Emergence of Econophysics: A New Approach in Modern Financial Theory

Financial economics and mathematical finance are the two traditional scientific disciplines that constitute modern financial theory. Although they still largely dominate modern financial theory, in

Econophysics from Theory to Application: a Case Study of Iran

Econophysics is a rapidly growing field which applies the idea of physics especially statistical physics into economics especially financial economics. This paper first reviews the history, concepts,

Some Relevant Econophysics’ Moments of History, Definitions, Methods, Models and New Trends

New models result from a new way of thinking or from the trans-disciplinary methods used in new domains. Econophysics improve the quality of the classical research of Economics through its original

Towards a transdisciplinary econophysics

This paper deals with the disciplinary dimension of a very new field called econophysics and shows that despite the fact that econophysics is regularly described as an interdisciplinary approach, it

ECONOPHYSICS: A NEW CHALLENGE FOR FINANCIAL ECONOMICS?

Financial economics was born in the 1960s. It took less than two decades for the new discipline’s main theoretical results to become established, creating what is considered to be mainstream

Econophysics: A new discipline

This paper debates the contribution of Econophysics to the economic or financial domains. Since the traditional approach performed by Economics or Finance has revealed to be insufficient in fully

From Edgeworth to econophysics: a methodological perspective

Although most of the marginalist economists' methodology was influenced by nineteenth-century classical physics, the work of Francis Ysidro Edgeworth represents the highest point of classical physics

The Potential of Econophysics for the Study of Economic Processes

...

References

SHOWING 1-10 OF 33 REFERENCES

An Introduction to Econophysics: Correlations and Complexity in Finance

TLDR
Economists and workers in the financial world will find useful the presentation of empirical analysis methods and well-formulated theoretical tools that might help describe systems composed of a huge number of interacting subsystems.

Patterns of Speculation

The collective behavior of economic agents during speculative episodes provides the foundations of this book. Such moments are marked by a special atmosphere of optimism and confidence in the future,

Options, Futures, and Other Derivatives

Contents: Introduction. Futures Markets and the Use of Futures for Hedging. Forward and Futures Prices. Interest Rate Futures. Swaps. Options Markets. Properties of Stock Option Prices. Trading

Modern portfolio theory and investment analysis

An update of a classic book in the field, Modern Portfolio Theory examines the characteristics and analysis of individual securities as well as the theory and practice of optimally combining

Statistical Analysis of Extreme Values

TLDR
The author draws on his extensive experience with this topic through the SHADOW (an intrusion detection system) project at the Naval Surface Warfare Center and builds a comprehensive overview of problems related to network monitoring and intrusion, along with approaches for addressing them.

Portfolio Selection: Efficient Diversification of Investments

Embracing finance, economics, operations research, and computers, this book applies modern techniques of analysis and computation to find combinations of securities that best meet the needs of

The Stockmarket and Finance from a Physicist's Viewpoint

An introduction to probability theory

This classic text and reference introduces probability theory for both advanced undergraduate students of statistics and scientists in related fields, drawing on real applications in the physical and

More heat than light.

  • A. D. Puth
  • Education, Physics
    Journal of rehabilitation
  • 1974
TLDR
This book is not only the PDF, but also the genre of the book, so you will see from the PDF that your book chosen is absolutely right.