EAN: 9783030113636

NEW PERSPECTIVES AND CHALLENGES IN ECONOPHYSICS...

This book presents the latest perspectives and challenges within the interrelated fields of
econophysics and sociophysics  which have emerged from the application of statistical physics
to economics and sociology. Economic and financial markets appear to be in a permanent state of
flux. Billions of agents interact with each other  giving rise to complex dynamics of economic
quantities at the micro and macro levels. With the availability of huge data sets  researchers
can address questions at a much more granular level than was previously possible. Fundamental
questions regarding the aggregation of actions and information and the coordination  complexity
and evolution of economic and financial networks are currently receiving much attention in the
econophysics research agenda. In parallel  the sociophysics literature has focused on
large-scale social data and their interrelations. In this book  leading researchers from
different communities - economists  sociologists  financial analysts  mathematicians 
physicists  statisticians  and others - report on their recent work and their analyses of
economic and social behavior.

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