Special Issue "30 Years of Econophysics: Symmetry in Physics and Economics"
Deadline for manuscript submissions: closed (31 March 2021).
Interests: econophysics; statistical physics; hydrodynamics at interfaces; complex systems; quantitative finance
Interests: econophysics; statistical physics; disordered systems and glasses; complex systems; quantitative finance
Over 30 years have passed since a little group of physicists met in Santa Fe to discuss of the origins of the 1987 financial crisis. Economic history is strewn with bubbles and crashes, booms and busts, crises and upheavals of all sorts. Understanding their origin is arguably one of the most important problems economic theory is faced with. Big data now allow us to empirically challenge the predictions of standard economic models and suggest new ways to address socioeconomic systems. Over the past few decades, physicists have shown that interactions, heterogeneities, and slow relaxation processes—most often ignored in the standard economic framework—can be responsible for highly nontrivial behavior and strong nonlinearities, which prevent socially optimal equilibria from being reached. Further, a number of concepts well established in physics, such as dimensional analysis, (time-reversal) symmetry breaking or phase transistions, to name a few, have proven extremely prolific to cope with such questions. The aim of this Special Issue is to present some of the most recent advances in the field of econophysics, with a particular focus on symmetry.
Prof. Dr. Michael Benzaquen
Prof. Dr. Jean-Philippe Bouchaud
Manuscript Submission Information
Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All papers will be peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.
Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Symmetry is an international peer-reviewed open access monthly journal published by MDPI.
Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.