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Ising model, econophysics and analogies

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  • Schinckus, Christophe

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.

Suggested Citation

  • Schinckus, Christophe, 2018. "Ising model, econophysics and analogies," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 508(C), pages 95-103.
    • Handle: RePEc:eee:phsmap:v:508:y:2018:i:c:p:95-103
    DOI: 10.1016/j.physa.2018.05.063
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