Modern financial markets are characterized by a rapid flow of information, a vast number of
participants having diversified investment horizons, and multiple feedback mechanisms …

This Colloquium reviews statistical models for money, wealth, and income distributions
developed in the econophysics literature since the late 1990s. By analogy with the …

This is the fourth, expanded edition of the comprehensive textbook published in 1990 on the
theory and applications of path integrals. It is the first book to explicitly solve path integrals of …

Using transfer entropy, we observed the strength and direction of information flow between
stock indices. We uncovered that the biggest source of information flow is America, while …

Urban road networks have distinct geometric properties that are partially determined by their
(quasi-) two-dimensional structure. In this work, we study these properties for 20 of the …

" 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 …

We show by explicit closed form calculations that a Hurst exponent H≠ 12 does not
necessarily imply long time correlations like those found in fractional Brownian motion (fBm) …

Fat-tailed distributions have been reported in fluctuations of financial markets for more than
a decade. Sliding interval techniques used in these studies implicitly assume that the …

This article contains the lecture notes for the short course" Introduction to Econophysics,"
delivered at the II Brazilian School on Statistical Mechanics, held in São Carlos, Brazil, in …

This second edition presents the advances made in finance market analysis since 2005. The
book provides a careful introduction to stochastic methods along with approximate …