Three Risky Decades: A Time for Econophysics?

Edited by
July 2022
708 pages
  • ISBN978-3-0365-4741-1 (Hardback)
  • ISBN978-3-0365-4742-8 (PDF)

This book is a reprint of the Special Issue Three Risky Decades: A Time for Econophysics? that was published in

Chemistry & Materials Science
Computer Science & Mathematics
Physical Sciences

Our Special Issue we publish at a turning point, which we have not dealt with since World War II. The interconnected long-term global shocks such as the coronavirus pandemic, the war in Ukraine, and catastrophic climate change have imposed significant humanitary, socio-economic, political, and environmental restrictions on the globalization process and all aspects of economic and social life including the existence of individual people. The planet is trapped—the current situation seems to be the prelude to an apocalypse whose long-term effects we will have for decades. Therefore, it urgently requires a concept of the planet's survival to be built—only on this basis can the conditions for its development be created. The Special Issue gives evidence of the state of econophysics before the current situation. Therefore, it can provide excellent econophysics or an inter-and cross-disciplinary starting point of a rational approach to a new era.

  • Hardback
© 2022 by the authors; CC BY-NC-ND license
energy; economic growth; output elasticities; entropy production; emissions; optimization; speculative attacks; currency crisis; neural networks; deep learning; Quantum-Inspired Neural Network; traveling salesman problem; simulated annealing technique; kinetic exchange model; Gini index; Kolkata index; minority game; Kolkata Paise Restaurant problem; time series analysis; cross-correlations; power law classification scheme; network analysis; globalisation; entropy; portfolio optimization; regularization; renormalization; econophysics; highway freight transportation; radiation model; transportation network; network diversity; power law; economic development; decision-making; bounded rationality; complexity economics; information-theory; maximum entropy principle; quantal response statistical equilibrium; correlation coefficient; detrended cross-correlation analysis; COVID-19; mobility indices; random geometry; portfolio optimization; risk measurement; disordered systems; replica theory; return distributions; power-law tails; stretched exponentials; q-Gaussians; financial markets; COVID-19; econophysics; financial complexity; collective intelligence; emergent property; stock correlation; detrended cross-correlation analysis; lexical evolution of econophysics; text as data; correspondence analysis; long-range memory; 1/f noise; absolute value estimator; anomalous diffusion; ARFIMA; first-passage times; fractional Lèvy stable motion; Higuchi’s method; mean squared displacement; multiplicative point process; econophysics; financial markets; correlation filtering; minimal spanning tree; planar maximally filtered graph; topological data analysis; SGX; TAIEX; econophysics; entropy; complex systems; ecological economics; urban–regional economics; income distribution; financial market dynamics; income tax; tax deduction; income redistribution; government transfer; government dependency; poverty line; basic income guarantee; effective tax rate; balanced budget; elastic tax; Cantor set; fractals; homeomorphism; detrended fluctuation analysis; Hurst exponent; continuous time random walk; intertrade times; volatility clustering; local transfer entropy; long-short-term-memory; Bitcoin; financial markets; cryptocurrencies; multiscale analysis; detrended cross-correlations; minimal spanning tree; COVID-19; financial markets; covariance matrices; copulas; high-frequency trading; market stability; agent-based models; network analysis; structural entropy; time series analysis; COVID-19; Economic Freedom of the World index; Index of Economic Freedom; rank-size law technique; power law behaviour; exponential behaviour; multiscale partition function; multifractal analysis; company market; export readiness; internationalization; options pricing; mortality; companies; start-up; FTSE100; Gompertz; MinMax; survival probability distribution; high-frequency trader; multivariate Hawkes process; econophysics; forex market; wealth distribution; kinetic models; wealth inequalities; compartmental epidemic modelling; vaccination campaign; COVID-19; flash crash; systemic risk; financial networks; high frequency trading; market microstructure; phase transition; criticality; econophysics; dynamics of complex networks; cascading failure; network science; complex systems; economic complexity; relatedness; products and services; planar graph; partial correlation; discounting; bond pricing; real interest rates; econophysics; calendar anomalies; day-of-the-week effect; market indices; multifractal detrended fluctuation analysis; n/a