Hideki Takayasu

Econophysics is an emerging field of science that bridges physics and economics. Based on the econophysics analysis of high precision data, several important results have already been established, including: A breakdown in the law of demand and supply, the existence of arbitrage opportunity, a renormalization theory connecting micro-economics and macro-economics, and the proposal of an electrical enterprize money system.
Nowadays, almost all financial transactions are done via computer networks and the huge data generated is immediately sent accross the world causing confusion in real society. The aim of this research is to establish methods and technologies for detecting empirical laws, elucidating an underlying backbone structure, and maintaining a stable society.