Bridging traditional economics and econophysics

In a new study, researchers of the Complexity Science Hub highlight the connecting elements between traditional financial market research and econophysics. "We want to create an overview of the models that exist in financial ...

Online scams cost $485 mn in US in 2011: survey

Online scams including identity theft schemes, "advance fee" and "romance fraud" cost Americans some $485 million in 2011, a report prepared for the FBI said Thursday.

As Oracle readies takeover, Sun's loss widens

(AP) -- Sun Microsystems Inc.'s loss ballooned in the latest quarter as restructuring charges and a 20 percent drop in sales compounded the financial woes Oracle Corp. is set to inherit by acquiring Sun for $7.4 billion.

The best of both worlds for economic predictions

Danish physicist Neils Bohr once quipped that prediction is hard, especially when it is about the future. But this is precisely what financial regulators need to do—forecasting the likely state of the economy in the future ...

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