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The Rise of Econophysics

A Connected History of Two Disciplines
Brief Description
Classical mechanics provided the conceptual and methodological foundations of neoclassical economics, which has its roots in economic individualism. Since the early twentieth century, statistical mechanics has underpinned a lesser-known approach to economics and finance, one that focuses on aggregates and the interactions between individuals. This has... Read More
Format: Hardback
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An exploration of the emergence of a new field of research, known as econophysics, which brings to the fore concepts such as emergent properties, power laws, networks, entropy, and multifractality, thereby reshaping economic enquiry.

Aggregates, emergent properties and complexity are at the heart of econophysics, an approach to economics and finance based on statistical mechanics.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description
Classical mechanics provided the conceptual and methodological foundations of neoclassical economics, which has its roots in economic individualism. Since the early twentieth century, statistical mechanics has underpinned a lesser-known approach to economics and finance, one that focuses on aggregates and the interactions between individuals. This has led to the emergence of a new field of research, known as econophysics, which brings to the fore concepts such as emergent properties, power laws, networks, entropy, and multifractality, thereby reshaping economic enquiry.

Series: Elements in Econophysics

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Book Details

INFORMATION

ISBN: 9781009671453

Publisher: Cambridge University Press

Format: Hardback

Date Published: 30 April 2026

Country: United Kingdom

Imprint: Cambridge University Press

Illustration: Worked examples or Exercises

Audience: General / adult

DIMENSIONS

Spine width: 6.0mm

Width: 152.0mm

Height: 229.0mm

Weight: 259g

Pages: 84

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