Documente Academic
Documente Profesional
Documente Cultură
Humans have had a constant desire to comprehend the world around them
and discover the theories and laws that govern it, and this desire for
knowledge has been a key driving factor for various disciplines which aim to
further human understanding. Disciplines themselves are in constant flux,
evolving with time as our knowledge increases and interacting with other
disciplines in complex ways. As we produce more knowledge the boundaries of
disciplines extend to accommodate this knowledge. Often the boundaries of
certain disciplines overlap, which refers to a common aspect or topic between
the disciplines. This overlap often causes disciplines to adopt an
interdisciplinary approach, which as proposed by Joe Moran is “any form of
dialogue or interaction between two or more disciplines” (Moran 16).
In this essay I will be talking about Human Sciences and the Natural Sciences.
Human science is “it is the scientific study of human behavior and social
interaction.” (Rutherford, et al.) Whereas natural science is the study of the
physical world and it makes predictions based on empirical evidence. Although
these AOK’s explore different sectors of knowledge, an interdisciplinary
approach has often been adopted. An interdisciplinary approach between the
two is beneficial as it bridges the gap between the two, the knowledge that is
produced can help the natural sciences make more accurate predictions and
allow the human sciences to further understand human behavior. The
interdisciplinary “approach” refers to the way of applying the known
information across the involved disciplines and choosing the appropriate
methodology. The methodology of natural sciences could be used in human
sciences when humans are the object of the experiment. Econophysics does
that — it is an interdisciplinary research field, which uses methods and
theories made by physicists to solve problems in economics. Econophysicists
can recognize patterns in financial markets. They have discovered that the
probability of large market returns decreases in accordance with an inverse
cubic power law in several markets. This is more precise than the Bell curve
statistics earlier used by economists (Buchanan).
Econophysicists have also recognized other generic market patterns such as
the self-similar structure of market volatility. Also, since Economics and physics
both are objective in nature, they both use reason as a WOK to obtain
knowledge. In addition to this they share the common language of
mathematics: hence forming a basic framework which allows for a seamless
transmission of knowledge.
According to Charles Bazerman this difference is due to the beliefs that rule
both the disciplines: physicists do not doubt the “scientificity” of their
approach, economists feel compelled to justify it by linking it with existing
knowledge. (Bazerman )
Bazerman, Charles. Shaping Written Knowledge: The Genre and Activity of the
medium.com/the-physics-of-finance/whats-the-use-of-econo-physics-dae83e0d7d8a.
Rutherford, Jill, et al. Theory of Knowledge: IB Skills and Practice: For the IB diploma.