Related papers: Econophysics: historical perspectives
We analyze the current trends in higher education and discuss its impact on physics enrollment in US institutions. The pandemic, lockdowns, unemployment, and healthcare problems have led to unique social and economic conditions. These…
Physicists study a wide variety of phenomena creating new interdisciplinary research fields by applying theories and methods originally developed in physics in order to solve problems in economics, social science, biology, medicine,…
In this paper the general principles and categories of mixed economy that currently exist in almost all countries of the world are presented. The paper also presents an Advanced Model of Mixed Economy with Threshold (AMMET), which is…
A brief overview of the models and data analyses of income, wealth, consumption distributions by the physicists, are presented here. It has been found empirically that the distributions of income and wealth possess fairly robust features,…
Regardless of the gold-standard being considered as outdated, it provides valuable signs concerning the development of novel monetary standards, better adjusted to the current macroeconomic environment. By using a point of view of classical…
Digitization of publications, advancement in communication technology, and the availability of bibliographic data have made it easier for the researchers to study the growth and dynamics of any discipline. We present a study on…
Theoretical physics is the search for simple and universal mathematical descriptions of the natural world. In contrast, much of modern biology is an exploration of the complexity and diversity of life. For many, this contrast is prima facie…
The first (Russian) edition of the book was among the first monographs on econophysics. The book gives an explanation of several intriguing phenomena, providing new insights and answers to some deeply vexing questions. Why the economic…
The contradiction between physical and economical sciences concerning the growth of the production/consumption mechanism is analyzed. It is then shown that if one wishes to keep the security level stable or to enhance it in a growing…
Cosmoparticle physics offers the exciting challenge for the new Millenium to come to the true knowledge on the basic natural laws and on the way, they govern the creation and evolution of the Universe with all the forms of its present…
This paper presents empirical evidence using recently developed techniques in econophysics suggesting that the degree of long-range dependence in interest rates depends on the conduct of monetary policy. We study the term structure of…
The use of equilibrium models in economics springs from the desire for parsimonious models of economic phenomena that take human reasoning into account. This approach has been the cornerstone of modern economic theory. We explain why this…
When studying social, economic and biological systems, one has often access to only limited information about the structure of the underlying networks. An example of paramount importance is provided by financial systems: information on the…
Astrophysics is a social enterprise exemplified here by the Dark Energy Survey (DES) which completed its fieldwork in 2019 after 16 years of preparation and observation, while data analysis continues. Society funds astrophysics on a grand…
This work deals with the new, relativistic direction in quantum econophysics, within the bounds of which a change of the classical paradigms in mathematical modelling of socio-economic system is offered. Classical physics proceeds from the…
This article addresses broad trends in interdisciplinary research in physics where interactions with colleagues in fields such as computer science, ecology, or economics can often be derailed by unintentional clashes of methodologies and…
Nowadays there is no field research which is not flooded with data. Among the sciences, Astrophysics has always been driven by the analysis of massive amounts of data. The development of new and more sophisticated observation facilities,…
The status of the sociophysics is discussed as placed between the physics and the sociology. In particular we ask if the second law of thermodynamics can be useful in social sciences.
The NOW2000 Workshop summarized the present status and future possibilities for all aspects of neutrino physics and astrophysics. Neutrino oscillation physics has truly come of age in the last few years. It is now data driven (analogous to…
How did it all begin? Although this question has undoubtedly lingered for as long as humans have walked the Earth, the answer still eludes us. Yet since my grandparents were born, scientists have been able to refine this question to a…