The Rise of Econophysics: A Connected History of Two Disciplines
Author:   Gianfranco Tusset (University of Padua)
Publisher:   Cambridge University Press
ISBN:  

9781009671453


Pages:   84
Publication Date:   30 April 2026
Format:   Hardback
Availability:   Manufactured on demand   Availability explained
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The Rise of Econophysics: A Connected History of Two Disciplines


Overview

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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Author:   Gianfranco Tusset (University of Padua)
Publisher:   Cambridge University Press
Imprint:   Cambridge University Press
Weight:   0.259kg
ISBN:  

9781009671453


ISBN 10:   1009671456
Pages:   84
Publication Date:   30 April 2026
Audience:   General/trade ,  General
Format:   Hardback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

Introduction; Part I. A Long Road (1896–2000): 1. The fundamentals; 2. Early attempts to use statistical mechanics in economics; 3. A new discipline on the way; Part II. 25 Years of Econophysics (1999–2023): 4. Econophysics in a scatterplot; 5. 1999–2007 Macroscopic and microscopic perspectives; 6. 2008–2012 Distribution centrality; 7. 2013–2017 Harnessing uncertainty; 8. 2018–2023 Measuring uncertainty; Conclusions.

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