Research in Econophysics

During the last several years, in addition to his research in condensed matter theory, Victor Yakovenko has been working in a recently emerged field of studies often called “econophysics.” Econophysics applies the methods of statistical physics to economical, financial, and social problems. Detailed references to the econophysics research in Victor Yakovenko’s group are given in his Web page http://www2.physics.umd.edu/~yakovenk/ econophysics.html. The results have been published in refereed journals [1–6] and presented at international conferences and seminars. His research has been reviewed in a popular article in “American Scientist” magazine [7], and “Australian Financial Review” newspaper is preparing a column about his studies. His student Adrian Drăgulescu received Ph.D. in 2002 and now works as a risk analyst at the Constellation Energy Group in Baltimore, which is the owner of Baltimore Electric and Gas Company. Currently Victor Yakovenko works with another graduate student A. Christian Silva.