This book presents the proceedings from ECONOPHYS-2015 an international workshop held in New
Delhi India on the interrelated fieldsof econophysics and sociophysics which have emerged
from the applicationof statistical physics to economics and sociology. Leading researchers
fromvaried communities including economists sociologists financial analysts mathematicians
physicists statisticians and others report on their recentwork discuss topical issues and
review the relevant contemporary literature.A society can be described as a group of peoplewho
inhabit the same geographical or social territory and are mutually involvedthrough their shared
participation in different aspects of life. It is possibleto observe and characterize average
behaviors of members of a society an examplebeing voting behavior. Moreover the dynamic
nature of interaction within anyeconomic sector comprising numerous cooperatively interacting
agents has manyfeatures in common with theinteracting systems of statistical physics. It ison
these bases that interest has grown in the application within sociology andeconomics of the
tools of statistical mechanics. This book will be of value forall with an interest in this
flourishing field.
