The controversial subject of econophysics
AUG 06, 2009
DOI: 10.1063/PT.5.023571
Science : In 1997, physicists Imre Kondor of the Collegium Budapest and János Kertész of the Budapest University of Technology and Economics organized a conference on the budding field of econophysics, which has since enjoyed a mixed reputation. It is the biggest branch of complex-systems research, and physicists have flocked into finance. But many economists view econophysicists as dilettantes. “Shortly after this conference, I went to work in a bank, and I never met any animosity at all,” Kondor says. “The reaction of the academic community has been markedly different than that of the practitioners.”
© 2009 American Institute of Physics
