About EPJ

The European Physical Journal (EPJ) is a series of peer-reviewed journals covering the whole spectrum of physics and related interdisciplinary subjects. EPJ is committed to high scientific quality in publishing and is indexed in all main citation databases.


Latest news

EPJ B Highlight - ID microstructure of stock useful in financial crisis

Pairwise disparity of the order flow of 96 stocks, grouped into four clusters.

New study of the trading interactions that determine the stock price using AI algorithms reveals unexpected microstructure for stock evolution, useful for financial crash modeling

Every day, thousands of orders for selling or buying stocks are registered and processed within milliseconds. Electronic stock exchanges, such as NASDAQ, use what is referred to as microscopic modelling of the order flow - reflecting the dynamics of order bookings - to facilitate trading. The study of such market microstructures is a relatively new research field focusing on the trading interactions that determine the stock price. Now, a German team from the University of Duisburg-Essen has analysed the statistical regularities and irregularities in the recent order flow of 96 different NASDAQ stocks. Since prices are strongly correlated during financial crises, they evolve in a way that is similar to what happens to nerve signals during epileptic seizures. The findings of the Duisburg-Essen group, published in EPJ B, contribute to modelling price evolution, and could ultimately be used to evaluate the impact of financial crises.


EPJ D Highlight - Droplet explosion by shock waves, relevant to nuclear medicine

Simulation of a disintegrating droplet.

Ion beam cancer therapy could be improved if ion-induced shock waves are discovered. A new study explores how these predicted waves can be observed

An arrow shooting through an apple, makes for a spectacular explosive sight in slow motion. Similarly, energetic ions passing through liquid droplets induce shock waves, which can fragment the droplets. In a study published in EPJ D, Eugene Surdutovich from Oakland University, Rochester, Michigan, USA with his colleagues from the MBN Research Centre, Frankfurt, Germany have proposed a solution to observe the predicted ion-induced shock waves. They believe these can be identified by observing the way incoming ions fragment liquid droplets into multiple smaller droplets. The discovery of such shock waves would change our understanding of the nature of radiation damage with ions to cancerous tumour. This matters for the optimisation of ion-beam cancer therapy, which requires a thorough understanding of the relation between the physical characteristics of the incoming ion beam and its effects on biological tissues.


EPJ B Highlight - Greater government responsiveness is paramount to maintaining stable societies

Representation of how the tipping point accelerates systems’ decision-making time lag.

Complex systems models reveal that socio-political instabilities are so predictable that the need to reduce the time lag in political decision-making is blatantly obvious

The Brexit is the perfect example of a time-delayed event. It will happen, if at all, only several years after the referendum vote. Dynamical systems with time delays, like societies making political decisions, have attracted considerable attention from physicists specialised in complex systems. In this new study published in EPJ B, Claudius Gros from Goethe University Frankfurt, Germany has shown that over time, the stability of our democracies can only be preserved by finding ways to reduce the time span governments and other political actors typically need to respond to the wishes of citizens, particularly when confronted with external shocks. That’s because citizens’ opinions are now forming much more quickly than ever before, relative to the time lags that policy decision making involves. This means that drastic changes in modes of governance may be required in order to keep democratic societies stable.


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