Econophysics: Background and Applications in Economics, Finance, and Sociophysics

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.

Ten papers present an updated version of the origins, issues, and applications of econophysics Economics and finance chapters consider lessons learned from the 2008-9 financial crisis Sociophysics chapters propose new thinking on educational reforms and group decision making

General Background of Econophysics

Gheorghe SÃVOIU, Ion IORGA-SIMÃN - HISTORY AND ROLE OF ECONOPHYSICS IN SCIENTIFIC RESEARCH

Carmen COSTEA - ECONOPHYSICS UNDER LENS: FASHION AND WORRIES IN THE NEW ECONOMIC TRENDS

Gheorghe SÃVOIU, Ion IORGA-SIMÃN - MULTI-DISCIPLINARY MODELLING KNOWLEDGE, AND ONE-DISCIPLINE

ISOLATION

Gheorghe SÃVOIU, Constantin ANDRONACHE - THE EFFICIENCY OF CAPITAL MARKETS: HYPOTHESIS OR APPROXIMATION

Mircea GLIGOR - NONLINEAR MECHANISMS OF GENERATING POWER LAWS IN SOCIOECONOMIC SYSTEMS

Aretina-Magdalena David-Pearson- WAS IT POSSIBLE TO FORECAST THE CREDIT CRUNCH? (MONTE CARLO SIMULATION OF INTEGRATED MARKET AND CREDIT RISK)

Radu CHIªLEAG - A QUANTUM MECHANICS MODEL TO EXPLAIN THE INFRINGEMENT OF SOME FINANCIAL RULES IN SPITE OF STIFF SUPERVISION

Gheorghe SÃVOIU, Constantin ANDRONACHE - THE POTENTIAL OF ECONOPHYSICS FOR THE STUDY OF THE ECONOMIC PROCESSES

Radu CHIªLEAG - A PHYSICAL MODEL TO CONNECT SOME MAJOR PARAMETERS TO BE CONSIDERED IN BOLOGNA REFORM

Mircea GLIGOR - STATISTICAL PHYSICS MODELS FOR GROUP DECISIONS MAKING