Computer Analysis of Human Behavior

Digital technology has not only revolutionized society, but also the way we can study it. Currently, this is taken advantage of by the most valuable companies in Silicon Valley, the most powerful governmental agencies, and the most influential social movements. What they have in common is that they use computational tools to understand, and ultimately influence human behavior and social dynamics.
An increasing part of human interaction leaves a massive digital footprint behind. Studying it allows us to gain unprecedented insights into what society is and how it works, including its intricate social networks that had long been obscure. Computational power allows us to detect hidden patterns through analytical tools like machine learning and to natural language processing. Finally, computer simulations enable us to explore hypothetical situations that may not even exist in reality, but that we would like to exist: a better world.

Experimental Econophysics describes the method of controlled human experiments, which is developed by physicists to study some problems in economics or finance, namely, stylized facts, fluctuation phenomena, herd behavior, contrarian behavior, hedge behavior, cooperation, business cycles, partial information, risk management, and stock prediction.