{"product_id":"the-rise-of-econophysics","title":"The Rise of Econophysics","description":"\u003cp\u003eClassical mechanics provided the conceptual and methodological foundations of neoclassical economics, which has its roots in economic individualism. Since the early twentieth century, statistical mechanics has underpinned a lesser-known approach to economics and finance, one that focuses on aggregates and the interactions between individuals. This has led to the emergence of a new field of research, known as econophysics, which brings to the fore concepts such as emergent properties, power laws, networks, entropy, and multifractality, thereby reshaping economic enquiry.\u003c\/p\u003e","brand":"Cambridge University Press Bookshop","offers":[{"title":"Default Title","offer_id":56668809855362,"sku":"9781009439435","price":18.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0475\/2031\/7597\/files\/9781009439435i.jpg?v=1779633509","url":"https:\/\/www.cambridgebookshop.co.uk\/products\/the-rise-of-econophysics","provider":"Cambridge University Press Bookshop","version":"1.0","type":"link"}