The study of complex systems, although an interdisciplinary endeavor, is considered as an
integrating part of physical sciences. Contrary to the historical fact that the field is already …

Statistical mechanics (SM) is the study of the connection between micro-physics and macro-
physics. 1 Thermodynamics (TD) correctly describes a large class of phenomena we …

" This book moves beyond the disciplinary frontiers in order to initiate the development of a
common theoretical framework that makes sense for both traditionally trained financial …

Stable Lévy processes have very interesting properties for describing the complex
behaviour of non-equilibrium dissipative systems such as turbulence, anomalous diffusion …

Econophysics presents itself as a new paradigm and a new specialty (or even a discipline)
using various models and concepts imported from condensed matter and statistical physics …

Multifractal detrended cross-correlation methodology is described and applied to Foreign
exchange (Forex) market time series. Fluctuations of high-frequency exchange rates of eight …

This paper is a presentation of an autonomous area of knowledge (called econophysics)
which has emerged at the frontier of physical sciences and economics. Although this field is …

Most current explanations of the crisis which began in 2007/8 tend to search for scapegoats,
in the format of behavioral flaws. Their treatment of 'risk'is an important signpost to where …

Human activities widely exhibit a power-law distribution. Considering stock trading as a
typical human activity in the financial domain, the first aim of this paper is to validate whether …

Econophysics is a new approach which applies various models and concepts associated
with statistical physics to economic (and financial) phenomena. This field of research is a …