In a new study, researchers of the Complexity Science Hub highlight the connecting elements between traditional financial market research and econophysics. "We want to create an overview of the models ...
Do physicists have better tools than economists or financial experts for predicting economic crises? Mainstream economists largely failed to forecast the sub-prime mortgage bubble, the ensuing ...
They are not exceptions; they are the norm – and worse, they happen all the time, for the same reason as more mundane events.
Econophysics applies concepts and tools from statistical physics and complex systems theory to investigate the collective dynamics of financial markets. It treats markets as networks of interacting ...
How would you go about understanding how markets can suddenly be gripped by panic? To physicists, using a model originally developed to explain magnetism might make sense. Yet, economists may find ...
Less than 15 years apart, the world at large and investors have been confronted by the Global Financial Crisis and a global pandemic. The shocks and knock-on effects of both have challenged long-held ...
Tax evasion is a serious problem for many governments. In Greece, the more or less ubiquitous avoidance of tax has brought the country to its knees and the European Union to the verge of collapse. So ...
How do asset markets work? Which stocks behave similarly? Economists, physicists, and mathematicians work intensively to draw a picture but need to learn what is happening outside their discipline. A ...