On the “usual” misunderstandings between econophysics and finance: Some clarifications on modelling approaches and efficient market hypothesis
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- 作者：Marcel Ausloos ; Franck Jovanovic ; Christophe Schinckus ; cs354@le.ac.uk" class="auth_mail" title="E-mail the corresponding author
- 关键词：Financial economics and econophysics ; Statistical physics applied to finance ; Efficient market hypothesis ; Interdisciplinarity ; Econophysics
- 刊名：International Review of Financial Analysis
- 出版年：2016
- 出版时间：October 2016
- 年：2016
- 卷：47
- 期：Complete
- 页码：7-14
- 全文大小：407 K
文摘
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The largely diffused opposition between the way of modelling in econophysics and in financial economics is not relevant.
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The usual critique made by econophysicists about the efficient market hypothesis is based on a methodological confusion.
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Econophysics and financial economics tend to have a similar approach.
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Some paths can be investigated in order to overstep these misunderstandings and develop common results.