The modern trend for physicists to work on problems in finance and economics began in the early 1990s and has gained momentum ever since. In the past few years, however, this field of 'econophysics' ...

A researcher has used "econophysics" to show that under ideal circumstances free markets promote fair salaries for workers and do not support excessive CEO compensation practices common today. The ...

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 ...

There's a fun little movement to insist that physicists have some major contributions that they can make to economics. And it's most certainly true that both subjects use vast amounts of difficult ...

Like many portmanteau words, 'econophysics’ is a strange hybrid term that doesn't exactly roll off the tongue. But economists have been borrowing from scientists since the very start. In the 1700s, ...

Wei-Xing Zhou is Professor of Econophysics, Professor of Applied Mathematics, and Professor of Management Science and Engineering. He received his PhD in Chemical Engineering from the East China ...

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 ...

WEST LAFAYETTE, Ind. - A Purdue University researcher has used "econophysics" to show that under ideal circumstances free markets promote fair salaries for workers and do not support CEO compensation ...