The remarkable evolution of econophysics research has brought the deep synthesis of ideas derived from economics and physics to subjects as diverse as education, banking, finance, and the administration of large institutions. The original papers in this collection present a broad summary of these advances, written by interdisciplinary specialists. Included are studies on subjects in the development of econophysics; on the perspectives offered by econophysics on large problems in economics and finance, including the 2008-9 financial crisis; and on higher education and group decision making. The introductions and insights they provide will benefit everyone interested in applications of this new transdisciplinary science.
1. Cover image 2. Title page 3. Table of Contents 4. Dedication 5. Copyright 6. List of Contributors 7. Part I: General Background of Econophysics 8. Chapter 1. History and Role of Econophysics in Scientific Research 9. Chapter 2. Multidisciplinary Modeling Knowledge and Unidisciplinary Isolation 10. Part II: Economics and Finance 11. Chapter 3. The Efficiency of Capital Markets: Hypothesis or Approximation 12. Chapter 4. Nonlinear Mechanisms of Generating Power Laws in Socioeconomic Systems 13. Chapter 5. Was It Possible to Forecast the Credit Crunch? (Monte Carlo Simulation of Integrated Market and Credit Risk) 14. Chapter 6. A Quantum Mechanics Model May Explain the Infringement of Some Financial Rules in Spite of Stiff Supervision 15. Chapter 7. The Potential of Econophysics for the Study of Economic Processes 16. Part III: Sociophysics 17. Chapter 8. A Physical Model to Connect Some Major Parameters to be Considered in the Bologna Reform 18. Chapter 9. Statistical Physics Models for Group Decision Making 19. Chapter 10. Sociophysics: A New Science or a New Domain for Physicists in a Modern University
The remarkable evolution of econophysics research has brought the deep synthesis of ideas derived from economics and physics to subjects as diverse as education, banking, finance, and the administration of large institutions. The original papers in this collection present a broad summary of these advances, written by interdisciplinary specialists. Included are studies on subjects in the development of econophysics; on the perspectives offered by econophysics on large problems in economics and finance, including the 2008-9 financial crisis; and on higher education and group decision making. The introductions and insights they provide will benefit everyone interested in applications of this new transdisciplinary science.
1. Cover image 2. Title page 3. Table of Contents 4. Dedication 5. Copyright 6. List of Contributors 7. Part I: General Background of Econophysics 8. Chapter 1. History and Role of Econophysics in Scientific Research 9. Chapter 2. Multidisciplinary Modeling Knowledge and Unidisciplinary Isolation 10. Part II: Economics and Finance 11. Chapter 3. The Efficiency of Capital Markets: Hypothesis or Approximation 12. Chapter 4. Nonlinear Mechanisms of Generating Power Laws in Socioeconomic Systems 13. Chapter 5. Was It Possible to Forecast the Credit Crunch? (Monte Carlo Simulation of Integrated Market and Credit Risk) 14. Chapter 6. A Quantum Mechanics Model May Explain the Infringement of Some Financial Rules in Spite of Stiff Supervision 15. Chapter 7. The Potential of Econophysics for the Study of Economic Processes 16. Part III: Sociophysics 17. Chapter 8. A Physical Model to Connect Some Major Parameters to be Considered in the Bologna Reform 18. Chapter 9. Statistical Physics Models for Group Decision Making 19. Chapter 10. Sociophysics: A New Science or a New Domain for Physicists in a Modern University