Related papers: Econophysics: historical perspectives
A goal of physics is to understand the greatest possible breadth of natural phenomena in terms of the most economical set of basic concepts. However, as the understanding of physics has developed historically, its pedagogy and language have…
This article describes the successful revitalization of an undergraduate physics program. The areas of curriculum development, undergraduate research experiences and advising and retention, to name a few, are emphasized in this…
The beliefs of physicists can bias their results towards their expectations in a number of ways. We survey a variety of historical cases of expectation bias in observations, experiments, and calculations.
Several stimulating open questions in high energy spin physics will be described together with the striking progress recently achieved in this field. In view of the new experimental facilities and the new tools, soon available, I will try…
Economic growth is unpredictable unless demand is quantified. We solve this problem by introducing the demand for unpaid spare time and a user quantity named human capacity. It organizes and amplifies spare time required for enjoying…
In this paper will be applied some principles and methods from econophysics in the case of the direct foreign investitions (D.F.I.), particularised for the Greenfield type, and mixed firms of trade and industrial production (Joint…
We consider demand-side economy. Using Caratheodory's approach, we define empirical existence of equation of state (EoS) and coordinates. We found new insights of thermodynamics EoS, the {\it effect structure}. Rules are proposed as…
Classical thermodynamics is unrivalled in its range of applications and relevance to everyday life. It enables a description of complex systems, made up of microscopic particles, in terms of a small number of macroscopic quantities, such as…
We discuss the relevance of studying ecology within the framework of Complexity Science from a statistical mechanics approach. Ecology is concerned with understanding how systems level properties emerge out of the multitude of interactions…
This paper addresses issues related to the process of informal socialization into physics, particularly for senior graduate students and postdoctoral scholars. Many physicists' careers are built on the relationships they have and develop…
Neutrinos, and primarily neutrino oscillations, have undoubtedly been one of the most exciting topics in the field of high-energy physics over the past few years. The existence of neutrino oscillations would require an extension of the…
The report attempts of apply econophysics concepts to the Eurozone crisis. It starts by examining the idea of conservation laws as applied to market economies. It formulates a measure of financial entropy and gives numerical simulations…
Energy supply is mandatory for the production of economic value. Nevertheless, tradition dictates that an enigmatic 'invisible hand' governs economic valuation. Physical scientists have long proposed alternative but testable energy cost…
In the same way as the Hilbert Program was a response to the foundational crisis of mathematics, this article tries to formulate a research program for the socio-economic sciences. The aim of this contribution is to stimulate research in…
To explain the currently observed accelerated expansion of the universe, a large number of different theoretical models are presently being discussed. In one way or another, all of these contain `new physics', though at different levels.…
As 2005, the International Year of Physics, comes to an end, two physicists working primarily in geophysical research reflect on how geophysics is not an applied physics. Although geophysics has certainly benefited from progress in physics…
Fundamental spin physics has made striking progresses in the last years; new ideas, experiments and data interpretations have been proposed and keep emerging. A review of some of the most important issues in the spin structure of nucleons…
We report an investigation of data analysis methods derived from other disciplines, which we applied to physics software systems. They concern the analysis of inequality, trend analysis and the analysis of diversity. The analysis of…
The 'Discussion & Debate' issue of this Euro. Phys. J. Special Topic volume is: 'Can economics be a Physical Science?' I would rather address a more general question: 'Can economics or sociology avoid joining Natural Science?' and argue…
Evolutionary biology shares many concepts with statistical physics: both deal with populations, whether of molecules or organisms, and both seek to simplify evolution in very many dimensions. Often, methodologies have undergone parallel and…