dorsal/arxiv
View SchemaEconomics: The next physical science?
| Authors | J. Doyne Farmer, Eric Smith, Martin Shubik |
|---|---|
| Categories | |
| ArXiv ID | physics/0506086 |
| URL | https://arxiv.org/abs/physics/0506086 |
Abstract
We review an emerging body of work by physicists addressing questions of economic organization and function. We suggest that, beyond simply employing models familiar from physics to economic observables, remarkable regularities in economic data may suggest parts of social order that can usefully be incorporated into, and in turn can broaden, the conceptual structure of physics.
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"abstract": "We review an emerging body of work by physicists addressing questions of\neconomic organization and function. We suggest that, beyond simply employing\nmodels familiar from physics to economic observables, remarkable regularities\nin economic data may suggest parts of social order that can usefully be\nincorporated into, and in turn can broaden, the conceptual structure of\nphysics.",
"arxiv_id": "physics/0506086",
"authors": [
"J. Doyne Farmer",
"Eric Smith",
"Martin Shubik"
],
"categories": [
"physics.soc-ph"
],
"title": "Economics: The next physical science?",
"url": "https://arxiv.org/abs/physics/0506086"
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