Gligor and Romanian physicist Margareta Ignat argued, in 2001, that the 1987 stock market crash is a type of physical lambda phase transition that can be quantified or defined in some way as a second derivative of the Gibbs function. [2]
Above: a 2012 photo of Gligor (left), with Dietrich Stauffer (University of Stuttgart) (middle), and Marcel Ausloos (University of Liege) (right), the latter of which in noted for a number of socioeconomic physics papers going back to 1998. [3] Right: Gligor, seated next to Ion Siman (front) on the occasion of the first international workshop EDEN - Exploratory Domains of Econophysics News - Pitesti, 2008 (see: EDEN/UPESW 2013). [4] |