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Ising model, econophysics and analogies

Christophe Schinckus

Physica A: Statistical Mechanics and its Applications, 2018, vol. 508, issue C, 95-103

Abstract: Econophysics emerged in the 1990s by importing statistical physics into economics and finance. Such extension of physics to another context generated a lot of epistemological debates and although it this transfer appears to be internally (disciplinary) justified, there exist a number of works questioning the justification of such extension of physics in economics\finance. This article aims at analysing how econophysicists implicitly promote a Duhemian way of perceiving scientific research by expanding their work into economics.

Keywords: Econophysics; Analogy; Ising model; Statistical physics (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:508:y:2018:i:c:p:95-103

DOI: 10.1016/j.physa.2018.05.063

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Physica A: Statistical Mechanics and its Applications is currently edited by K. A. Dawson, J. O. Indekeu, H.E. Stanley and C. Tsallis

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