Econophysics and sociophysics: Their milestones & challenges
In this review article we present some of achievements of econophysics and sociophysics
which appear to us the most significant. We briefly explain what their roles are in building of …
which appear to us the most significant. We briefly explain what their roles are in building of …
The fate of Ernst Ising and the fate of his model
On this, the occasion of the 20th anniversary of the" Ising Lectures" in Lviv (Ukraine), we give
some personal reflections about the famous model that was suggested by Wilhelm Lenz for …
some personal reflections about the famous model that was suggested by Wilhelm Lenz for …
Universality of market superstatistics
We use a key concept of the continuous-time random walk formalism, ie, continuous and
fluctuating interevent times in which mutual dependence is taken into account, to model …
fluctuating interevent times in which mutual dependence is taken into account, to model …
Herding, minority game, market clearing and efficient markets in a simple spin model framework
L Kristoufek, M Vosvrda - … in Nonlinear Science and Numerical Simulation, 2018 - Elsevier
We present a novel approach towards the financial Ising model. Most studies utilize the
model to find settings which generate returns closely mimicking the financial stylized facts …
model to find settings which generate returns closely mimicking the financial stylized facts …
Multiscaling edge effects in an agent-based money emergence model
An agent-based computational economical toy model for the emergence of money from the
initial barter trading, inspired by Menger's postulate that money can spontaneously emerge …
initial barter trading, inspired by Menger's postulate that money can spontaneously emerge …
Agent-Based Stock Market Model with Endogenous Agents' Impact
JA Lipski, R Kutner - arXiv preprint arXiv:1310.0762, 2013 - arxiv.org
The three-state agent-based 2D model of financial markets as proposed by Giulia Iori has
been extended by introducing increasing trust in the correctly predicting agents, a more …
been extended by introducing increasing trust in the correctly predicting agents, a more …
[PDF][PDF] Econophysics as a cause of a scientific revolution in mainstream economics
A Jakimowicz - Acta Physica Polonica A, 2018 - bibliotekanauki.pl
The aim of this article is to establish whether econophysics can cause a scientific revolution
and fundamentally change the image of mainstream economics. Science development …
and fundamentally change the image of mainstream economics. Science development …
[PDF][PDF] Statistical collapse of excessive market losses
We analytically derive superstatistics (or complex statistics) that accurately model empirical
market activity data (supplied by Bogachev, Ludescher, Tsallis, and Bunde) exhibiting …
market activity data (supplied by Bogachev, Ludescher, Tsallis, and Bunde) exhibiting …
Trust in foreseeing neighbours-a novel threshold model of financial market
JA Lipski, R Kutner - arXiv preprint arXiv:1301.1824, 2013 - arxiv.org
The three-state agent-based 2D model of financial markets in the version proposed by Giulia
Iori in 2002 has been herein extended. We have introduced the increase of herding …
Iori in 2002 has been herein extended. We have introduced the increase of herding …
Universality of Tsallis q-exponential of interoccurrence times within the microscopic model of cunning agents
We proposed the agent-based model of financial markets where agents (or traders) are
represented by three-state spins located on the plane lattice or social network. The spin …
represented by three-state spins located on the plane lattice or social network. The spin …