When making economic decisions, humans can be driven by various factors, including their goals and emotions. Past studies have hypothesized that emotions play a crucial role in economic decisions, particularly those that involve risk or trade-offs between immediate...
Economics & Business
The first validation of the Lillo Mike Farmer Model on a large financial market dataset
Economics and physics are distinct fields of study, yet some researchers have been bridging the two together to tackle complex economics problems in innovative ways. This resulted in the establishment of an interdisciplinary research field, known as econophysics,...