Econophysics
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Recent papers in Econophysics
The thermodynamic formulation of economics is based on the laws of calcu-lus. Differential forms in two dimensions are generally not exact forms (δQ), the integral from (A) to (B) is not always the same as the integral from (B) to (A). It... more
This conceptual, interdisciplinary paper will start with an introduction to the new-networked knowledge-based global economy and the importance of intellectual and, specifically, human, capital. Next, an advanced definition of human and... more
This paper traces the origin and development of the complex systems theory over the course of history, up to its latest advancement in the study of stock market crashes. The trail of the theory's fuzzy evolution is expansive that covers... more
La finanza ci circonda: è dentro ogni cosa che facciamo e non possiamo ignorarla. Può far avverare i nostri sogni ma anche costruire incubi. Offre opportunità ma ci espone a rischi. E se la finanza suscita da sempre reazioni forti e... more
Kejenuhan larutan merupakan salah satu parameter yang dijadikan acuan dalam mengetahui kualitas suatu larutan. Pada proses pembentukan larutan hingga menjadi larutan jenuh terjadi suatu perubahan fisis yang dapat dijadikan acuan dalam... more
Il pensiero scientifico riedita e sviluppa la struttura delle filosofie arcaiche e del pensiero magico in generale, che operano secondo le regole duali dell'inconscio. I modelli analitici sviluppati da Mauss e da Matte Blanco consentono... more
Previous studies of the stock price response to trades focused on the dynamics of single stocks, i.e. they addressed the self-response. We empirically investigate the price response of one stock to the trades of other stocks in a... more
The relation between profit, technical change, and productivity within a capitalist economy has been a contentious issue for over a century. I describe a multivariate linear model useful for studying the change in the value rate of profit... more
I shall argue two main points. The first is that although Marx is conventionally taken to have formulated two different theories of price in the the three volumes of Capital, labour values in volume I and prices of production in volume... more
Pola moneter merupakan cara kerja keuangan. Saat ini, sistem moneter dunia menggunakan sistem uang fiat, Perbankan Cadangan Pecahan (Fractional Reserve Banking atau FRB), dan bunga uang. Sistem ini merupakan penyebab permasalahan moneter... more
A finales de 2019 se publicó el segundo volumen de la serie Actas de Economía y Complejidad. En el mismo se recogían algunas de las mejores aportaciones hechas por los participantes en el Seminario de Economía y Complejidad en el periodo... more
Employing Random Matrix Theory and Principal Component Analysis techniques, we enlarge our work on the individual and cross-sectional intraday statistical properties of trading volume in financial markets to the study of collective... more
Insan KapitaIı spektrda bir neçə alimin görüşü və yekun, diskutiv proekdi.
The rationale of Econographicology revolves around the efficacy of multidimensional graphs as the most effective visual tool to understand any economic phenomenon from a multidimensional view. The main motivation behind the creation of... more
This paper argues that one can calculate the probability of an asset's price displacement in a specific direction assuming the asset complies with the physical principle of least action. It first suggests that the price displacement of a... more
We address the question whether there can be a physical science of financial markets. In particular, we examine the argument that, given the reflexivity of financial markets (i.e., the feedback mechanism between expectations and prices),... more
Our conception of information since Claude Shannon has led many to the conclusion that information is physical. But if information is physical, it stands to reason that a system made up entirely of infor- mation (or at least the physical... more
UN NUEVO LIBRO de Andrew W. Lo publicado por Princeton University Press en 2017 el cual es una notable contribución a la comprensión del comportamiento colectivo de los agentes de mercado.
Bąble spekulacyjne i następujące po nich krachy są nieodłączoną częścią historii ludzkości. Chciwość i strach obecne na rynkach finansowych w naturalny sposób sprzyjają występowaniu zdarzeń ekstremalnych. W referacie omówione zostanie co... more
We study the gross domestic product (GDP) per capita together with the market capitalization (MCAP) per capita as two indicators of the effect of globalization. We find that g, the GDP per capita, as a function of m, the MCAP per capita,... more
In this paper we show, through the study of ordinal patterns, information theoretic and network measures and clustering algorithms, the presence of typical states in automated high-frequency records during a one-year period in the US... more
The scientific methodology of classical physics has been a constant influence in the development of orthodox economics. Clear signs of this can be found in the works of many classical economists such as Smith, Say, Cairnes and Mill. The... more