Econophysics is related to more than one field. The applications theories and methods of Econophysics are originated from physicists with the intent to solve problems economics, especially the uncertainties or stochastic processes and nonlinear dynamics. Econophysics also termed as statistical economics because it applies theories on financial markets.
Introduction to Econophysics: Correlations and Complexity in Finance By Rosario N. Mantegna, H. Eugene Stanley (published by Cambridge University Press, 1999)
Econophysics: An Introduction By Sitabhra Sinha, Arnab Chatterjee, Anirban Chakraborti, Bikas K. Chakrabarti (published by John Wiley & Sons, 2010)
1, the fluctuation-susceptibility theorem converts into remarkable classification of financial volatility shocks.
2, the Ising model of phase transitions can be hypothesized to model the stylized facts of financial markets, and more towards predictions.
3, the concepts based on the collective phenomena and phase transitions, used to understand financial bubbles and their following crashes.
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