The Evolution of Physics in Finance.
How to use this website effectively:
The aim of this website is to be an educational source for how physics is integrated into the financial sector. This website includes four physical concepts that have been implemented across different areas to provide insight into the model of financial markets.
Each of the subsections listed below will give a general summary of the physics and how it is implemented. There is also an explanation on the more advanced mathematics and physical concepts behind each model should you wish to find out more.
History
The history and origins of the ways in which physics is used in the modelling of financial markets.
Social Physics
How research into the understanding of human behaviour can be used in the financial world.
Brownian motion
Information on how the random motion of particles is used in financial models.
Thermoeconomics
How the laws of thermodynamics are statistically applied to economic theory.
Quantum Finance
The ways in which the mathematical models and ideas of quantum mechanics are applied in finance.
The Future of Finance
How physics will continually shape finance and how this will evolve in the future.
Conclusion
Our concluding thoughts on the ongoing journey of physics in finance.
The Evolution of Physics in Finance
Completed by: Jake Wilkes, James Penston, Sam Jones and James Lundie.
© 2022 Physics in society project
