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Econophysics is having some impacts on the more applied field of [[quantitative finance]], whose scope and aims significantly differ from those of economic theory. Various econophysicists have introduced models for price fluctuations in [[physics of financial markets]] or original points of view on established models.<ref name="autogenerated2003"/><ref>{{cite journal |author=Enrico Scalas |title=The application of continuous-time random walks in finance and economics |journal=Physica A |volume=362 |pages=225–239 |year=2006 |doi=10.1016/j.physa.2005.11.024|bibcode = 2006PhyA..362..225S |issue=2 }}</ref><ref>{{cite journal |author1=Y. Shapira |author2=Y. Berman |author3=E. Ben-Jacob |title=Modelling the short term herding behaviour of stock markets |journal=New Journal of Physics |volume=16 |issue=5 |year=2014 | doi= 10.1088/1367-2630/16/5/053040|bibcode = 2014NJPh...16e3040S |page=053040|doi-access=free }}</ref> Also several scaling laws have been found in various economic data.<ref>{{cite journal |author1=Y. Liu |author2=P. Gopikrishnan |author3=P. Cizeau |author4=M. Meyer |author5=C.-K. Peng |author6=H. E. Stanley |title=Statistical properties of the volatility of price fluctuations |year=1999| journal=[[Physical Review E]]| volume=60| issue=2|pages=1390–400 | doi= 10.1103/PhysRevE.60.1390|pmid=11969899 |arxiv = cond-mat/9903369 |bibcode = 1999PhRvE..60.1390L |citeseerx=10.1.1.241.9346 |s2cid=7512788 }}</ref><ref>{{cite journal |author1=M. H. R. Stanley |author2=L. A. N. Amaral |author3=S. V. Buldyrev |author4=S. Havlin |author5=H. Leschhorn |author6=P. Maass |author7=M. A. Salinger |author8=H. E. Stanley |title=Scaling behaviour in the growth of companies  |journal=Nature |volume=379 |page=804 |year=1996| url=http://havlin.biu.ac.il/Publications.php?keyword=Scaling+behaviour+in+the+growth+of+companies&year=*&match=all |doi=10.1038/379804a0 |issue=6568|bibcode = 1996Natur.379..804S |s2cid=4361375 }}</ref><ref>{{cite journal |author1=K. Yamasaki |author2=L. Muchnik |author3=S. Havlin |author4=A. Bunde |author5=H.E. Stanley |title=Scaling and memory in volatility return intervals in financial markets |journal=PNAS |volume=102 |pages=9424–8  |year=2005| url=http://havlin.biu.ac.il/Publications.php?keyword=Scaling+and+memory+in+volatility+return+intervals+in+financial+markets&year=*&match=all |doi=10.1073/pnas.0502613102 |pmid=15980152 |issue=26 |pmc=1166612|bibcode = 2005PNAS..102.9424Y }}</ref>

Econophysics is having some impacts on the more applied field of [[quantitative finance]], whose scope and aims significantly differ from those of economic theory. Various econophysicists have introduced models for price fluctuations in [[physics of financial markets]] or original points of view on established models.<ref name="autogenerated2003"/><ref>{{cite journal |author=Enrico Scalas |title=The application of continuous-time random walks in finance and economics |journal=Physica A |volume=362 |pages=225–239 |year=2006 |doi=10.1016/j.physa.2005.11.024|bibcode = 2006PhyA..362..225S |issue=2 }}</ref><ref>{{cite journal |author1=Y. Shapira |author2=Y. Berman |author3=E. Ben-Jacob |title=Modelling the short term herding behaviour of stock markets |journal=New Journal of Physics |volume=16 |issue=5 |year=2014 | doi= 10.1088/1367-2630/16/5/053040|bibcode = 2014NJPh...16e3040S |page=053040|doi-access=free }}</ref> Also several scaling laws have been found in various economic data.<ref>{{cite journal |author1=Y. Liu |author2=P. Gopikrishnan |author3=P. Cizeau |author4=M. Meyer |author5=C.-K. Peng |author6=H. E. Stanley |title=Statistical properties of the volatility of price fluctuations |year=1999| journal=[[Physical Review E]]| volume=60| issue=2|pages=1390–400 | doi= 10.1103/PhysRevE.60.1390|pmid=11969899 |arxiv = cond-mat/9903369 |bibcode = 1999PhRvE..60.1390L |citeseerx=10.1.1.241.9346 |s2cid=7512788 }}</ref><ref>{{cite journal |author1=M. H. R. Stanley |author2=L. A. N. Amaral |author3=S. V. Buldyrev |author4=S. Havlin |author5=H. Leschhorn |author6=P. Maass |author7=M. A. Salinger |author8=H. E. Stanley |title=Scaling behaviour in the growth of companies  |journal=Nature |volume=379 |page=804 |year=1996| url=http://havlin.biu.ac.il/Publications.php?keyword=Scaling+behaviour+in+the+growth+of+companies&year=*&match=all |doi=10.1038/379804a0 |issue=6568|bibcode = 1996Natur.379..804S |s2cid=4361375 }}</ref><ref>{{cite journal |author1=K. Yamasaki |author2=L. Muchnik |author3=S. Havlin |author4=A. Bunde |author5=H.E. Stanley |title=Scaling and memory in volatility return intervals in financial markets |journal=PNAS |volume=102 |pages=9424–8  |year=2005| url=http://havlin.biu.ac.il/Publications.php?keyword=Scaling+and+memory+in+volatility+return+intervals+in+financial+markets&year=*&match=all |doi=10.1073/pnas.0502613102 |pmid=15980152 |issue=26 |pmc=1166612|bibcode = 2005PNAS..102.9424Y }}</ref>

==Main results==

==Main results==