Econophysics Formation

The article traces the evolution of free roaming hypothesis, which plays a prominent role in many areas of human knowledge: mathematics, molecular physics, hydro and gas dynamics, cosmology, chemistry, and biology. This hypothesis is the foundation for the concept of an efficient market. Also it is the source of many modern theories, as well as methods for the financial markets analysis and forecasting. Development of free roaming hypothesis was one of the sources which at the end of the 90s. of the last century led to the emergence of a new field of knowledge - econophysics, a scientific discipline that has emerged at the intersection of economics, physics and mathematics.

an efficient market, asset prices, free walk, variance, standard deviation, random variable, diffusion, correlation