Page "Econophysics" Paragraph 1

Physicists ’ interest in the social sciences is not new ; Daniel Bernoulli, as an example, was the originator of utility-based preferences.

One of the founders of neoclassical economic theory, former Yale University Professor of Economics Irving Fisher, was originally trained under the renowned Yale physicist, Josiah Willard Gibbs.

Likewise, Jan Tinbergen, who won the first Nobel Prize in economics in 1969 for having developed and applied dynamic models for the analysis of economic processes, studied physics with Paul Ehrenfest at Leiden University.