1. Limited time only! Sign up for a free 30min personal tutor trial with Chegg Tutors
    Dismiss Notice
Dismiss Notice
Join Physics Forums Today!
The friendliest, high quality science and math community on the planet! Everyone who loves science is here!

I Applying physics to economics/finance

  1. Dec 15, 2016 #1
    Hello everybody,

    I am currently a junior majoring in physics and economics and I am starting to think about my senior projects.
    For my senior project next year, I would like to see if I can apply any physics "concept" to economics or finance. Do you know what would be the best approach for this research?

  2. jcsd
  3. Dec 15, 2016 #2


    User Avatar
    Staff Emeritus
    Science Advisor
    Education Advisor

    You might want to look at C. Schinckus, Am. J. Phys. v.78, p.325 (2010), first, and then do your own search on "econophysics" and why a lot of people are skeptical of it. Rick Bookstaber, a senior policy advisor at the SEC, even have a blog post on this that you might find in your search.

  4. Dec 15, 2016 #3
    I believe "quants" are big on wall street calculating hedge funds.
  5. Dec 15, 2016 #4
    Yup. Physicists apparently beat out even mathematicians here due to the applied aspects.
  6. Dec 15, 2016 #5
    I can't quote a source but I heard they use a diffusion type model.
Share this great discussion with others via Reddit, Google+, Twitter, or Facebook

Have something to add?
Draft saved Draft deleted