Document Type
Discussion Paper
Publication Date
6-1-2005
CFDP Number
1520
CFDP Pages
9
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.
Recommended Citation
Farmer, J. Doyne; Shubik, Martin; and Smith, Eric, "Economics: The Next Physical Science?" (2005). Cowles Foundation Discussion Papers. 1804.
https://elischolar.library.yale.edu/cowles-discussion-paper-series/1804