The Rise of Econophysics: A Connected History of Two Disciplines (Elements in Econophysics)
The Rise of Econophysics : A Connected History of Two Disciplines
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The Rise of Econophysics: A Connected History of Two Disciplines (Elements in Econophysics)
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This title will be released on April 30, 2026. Pre-order now. Express Delivery available with Amazon Prime.
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Classical mechanics provided the conceptual and methodological foundations of neoclassical economics, which has its roots in economic individualism.Since the early twentieth century, statistical mechanics has underpinned a lesser-known approach to economics and finance, one that focuses on aggregates and the interactions between individuals.This has led to the emergence of a new field of research, known as econophysics, which brings to the fore concepts such as emergent properties, power laws, networks, entropy, and multifractality, thereby reshaping economic enquiry.
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