Chapter 1

History and Role of Econophysics in Scientific Research

Gheorghe Săvoiu and Ion Iorga Simăn

University of Piteşti, Faculty of Economics and Faculty of Sciences, Romania

1.1 Introduction

1.2 Relations between Economics and Physics

1.3 Relations between Economists and Physicists

1.4 History of Econophysics

1.5 Some Definitional Issues

1.6 econophysics and Romanian econophysicists

References

1.1 Introduction

“Obviously, you can’t predict the future, but, such research reveals how physicists and economists should compare notes in the future.”

Eugene Stanley (Dallas Morning News, 2000)

Physics has probably had the more dominating effect on the development of formal economic theory. This kind of observer is not going to forecast that there ...

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