Related papers: Response to Worrying Trends in Econophysics
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…
A review of the Annual Review of Astronomy and Astrophysics Volume 52, 2014 (Ed. S.M. Faber, Ewine van Dishoeck, and John Kormendy) is given, with a perspective of understanding the current trends in Astronomy and Astrophysics. The impact…
The author solves two problems: formation of object of econophysics, creation of the general theory of financial-economic monitoring. In the first problem he studied two fundamental tasks: a choice of conceptual model and creation of…
System dynamics is a methodology that is widely used in many academic fields. It explains the behavior of social and economic systems with models that capture complex causality and feedback effects. This 'practice paper' discusses the…
Energy is a critical driver of modern economic systems. Accurate energy price forecasting plays an important role in supporting decision-making at various levels, from operational purchasing decisions at individual business organizations to…
F. Rohrlich has recently published two papers, including the paper under review, advocating a particular delay-differential equation as an approximate equation of motion for classical charged particles, which he characterizes as providing a…
Classic inflation, the theory described in textbooks, is based on the idea that, beginning from typical initial conditions and assuming a simple inflaton potential with a minimum of fine-tuning, inflation can create exponentially large…
We describe the innovations in finances, introduced over the recent decades, and analyze most of the business and regulatory challenges, faced by the financial industry, because of the present disruptive changes in the global capital…
The paper has been withdrawn by authors. The issues studied in this paper were changed so much that we have published a new paper considering these issues. See hep-th/0406074
In fields that are mainly nonexperimental, such as economics and finance, it is inescapable to compute test statistics and confidence regions that are not probabilistically independent from previously examined data. The Bayesian and…
We introduce here very briefly, through some selective choices of problems and through the sample computer simulation programs (following the request of the editor for this invited review in the Journal of Physics Through Computation), the…
We present a critical analysis of the classical approaches to energy subjects, based on the work-energy theorem and the conservation of mechanical energy proposed in the courses of the first years of tertiary education. We show how these…
We consider some critical claims concerning our above paper, and reply to these claims.
The parts contributed by the author in recent discussions with several physicists and mathematicians are reviewed, as they have been occasioned by the 2006 book "The Trouble with Physics", of Lee Smolin. Some of the issues addressed are the…
It has been shown that the criticism of Pauli as well as of Susskind and Glogover may be avoided if the standard quantum-mechanical mathematical model has been suitably extended. There is not more any reason for Einstein's citicism, either,…
In the light of contemporary discussions of inter and transdisciplinarity, this paper approaches econophysics and sociophysics to seek a response to the question -- whether these interdisciplinary fields could contribute to physics and…
The modeling of complex systems such as ecological or socio-economic systems can be very challenging. Although various modeling approaches exist, they are generally not compatible and mutually consistent, and empirical data often do not…
Modern fundamental physics poses new questions for philosophy, which, as it seems to us, have not yet received appropriate attention from philosophers of science. This paper formulates a number of such questions in order to present them to…
We present here our considerations concerning the problem of classical consistency of pseudoclassical models touched upon in a recent comment on our paper "New pseudoclassical model for Weyl particle".
Economy is demanding new models, able to understand and predict the evolution of markets. To this respect, Econophysics is offering models of markets as complex systems, such as the gas-like model, able to predict money distributions…