Sociophysics , econophysics, or any other non-physical field of physics

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SUMMARY

The discussion centers on the emerging fields of sociophysics and econophysics, highlighting their relevance in understanding complex systems through the lens of physical sciences. Key resources mentioned include the book "My Life as a Quant" by Emmanuel Derman and the Wilmott forums, which provide valuable insights into quantitative finance and econophysics. The concept of self-organized criticality (SOC) is emphasized as a framework for analyzing chaotic systems, with applications in sociology, turbulence, and engineering. A notable mention is a professor at UAF who specializes in SOC systems and their implications for decision-making processes in the brain.

PREREQUISITES
  • Understanding of sociophysics and econophysics concepts
  • Familiarity with self-organized criticality (SOC) systems
  • Knowledge of quantitative finance principles
  • Basic principles of complex systems in physical sciences
NEXT STEPS
  • Research self-organized criticality (SOC) systems and their applications
  • Explore quantitative finance techniques and methodologies
  • Read "My Life as a Quant" by Emmanuel Derman for insights into finance and physics
  • Engage with the Wilmott forums for discussions on econophysics and related topics
USEFUL FOR

Students and professionals interested in the intersection of physics, sociology, and economics, particularly those exploring research opportunities in sociophysics and econophysics, as well as individuals seeking to apply these concepts in think tank environments.

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"Sociophysics", econophysics, or any other non-physical field of physics

Right now I'm going through my career options. I'm pretty sure I want to do research in the physical sciences, but I also have interests in other non-physical science fields, such as politics and economics. I'm just now becoming aware of econophysics, sociophysics, etc., and would like to maybe one day do something in the private sector that explores these fields in maybe a think tank fashion (big dreams, I know). I was wondering if anyone here could name some more of these fields, point me to some research that has been done in them, or maybe give some analogies between physical systems and sociological/economic/etc. systems.
 
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quantitative finance/operation systems. You should check out a book called "My Life as a Quant" by Emmanuel Derman. Also, check out wilmott forums. It has great information about quantitative finance/econophysics.
 
check out SOC systems (self-organized criticality)

It's a (relatively) new system for describing chaotic systems, and has been used in in sociology, turbulence (physics), power grid logic (engineering), and probably has a lot of unfounded uses.

One of our professors here at UAF is the bighead on SOC systems. He even did a talk on how it can apply to decision making in the brain.
 

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