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Econophysics, Entropy, and Complexity

In: Foundations and Applications of Complexity Economics

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  • J. Barkley Rosser

    (James Madison University)

Abstract

The term econophysics was neologized in 1995 at the second Statphys-Kolkata conference in Kolkata (formerly Calcutta), India by the physicist H. Eugene Stanley, who was also the first to use it in print (Stanley 1996). Mantegna and Stanley (2000, pp. viii–ix) define “the multidisciplinary field of econophysics” as “a neologism that denotes the activities of physicists who are working on economics problems to test a variety of new conceptual approaches deriving from the physical sciences” Chakrabarti 2005, p. 225).

Suggested Citation

  • J. Barkley Rosser, 2021. "Econophysics, Entropy, and Complexity," Springer Books, in: Foundations and Applications of Complexity Economics, chapter 0, pages 69-88, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-70668-5_4
    DOI: 10.1007/978-3-030-70668-5_4
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