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Econophysics: Comments on a Few Applications, Successes, Methods and Models

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  • Marcel Ausloos

    (Marcel Ausloos, eHumanities Group, Royal Netherlands Academy of Arts and Sciences, Joan Muyskenweg 25, 1096 CJ Amsterdam, The Netherlands rés. Beauvallon, rue de la Belle Jardinière, 483, B-4031 Liège, Wallonia-Brussels Federation. E-mail: marcel.ausloos@ulg.ac.be)

Abstract

For this special issue, the article aims at discussing a few econophysics problems studied so far rather successfully. The following ‘applications’ in micro-econophysics are considered: (i) financial crashes; it is emphasized that one can distinguish between endogenous and exogenous causes; (ii) portofolio control, selection and inherent risk measure; (iii) foreign currency exchanges, also distinguishing endogenous and exogenous money control; (iv) price and asset evolution values. It is shown that some macro-econo-physics problems have been also tackled, like geographic/ political constraints, the globalization of the economy and country clustering. Moreover, it is daring to suggest prospect for studies and researches, whence presenting some selection of a few interesting perspectives.

Suggested Citation

  • Marcel Ausloos, 2013. "Econophysics: Comments on a Few Applications, Successes, Methods and Models," IIM Kozhikode Society & Management Review, , vol. 2(2), pages 101-115, July.
    • Handle: RePEc:sae:iimkoz:v:2:y:2013:i:2:p:101-115
    DOI: 10.1177/2277975213507832
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