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"We have this pet physicist and.. something's wrong. It keeps babbling about linguistics and neurology and climate science."

comic humor academia physics econophysics

The US financial markets have suffered over 18,000 extreme price changes caused by ultrafast trading, according to a new study of market data between 2006 and 2011

technology finance markets algorithms technology-effects economics econophysics complexity

"Successful animal systems often manage risk through synchronous behavior that spontaneously arises without leadership. In critical human systems facing risk, such as financial markets or military operations, our understanding of the benefits associated to synchronicity is nascent but promising. "

complexity synchronization finance communication coordination economics econophysics

Social scientists have studied the nature of effective leadership for centuries with limited success. Physicists, on the other hand, are new to the party, which gives them a chance to nab some low-hanging fruit. Today, Hai-Tao Zhang at the University of Cambridge, in the U.K., and a few buddies say that they have grabbed a particularly juicy piece by revealing a key strategy of effective leadership.

econophysics sociology leadership power groups

We learn from crisis to crisis that MPT has the empirical and scientific validity of astrology (without the aesthetics), yet the lessons are ignored in what is taught to 150,000 business school students worldwide.Academic economists are no more self-servi

economics econophysics finance risk statistics import-delicious

in list: Economic Crisis

This, along with research data from other countries, suggests that there are two economic classes. In one, the rich grow richer while in the other the poor stay poor.

economics econophysics physics modeling wealth distribution via:pollard import-delicious