Econophysics and sociophysics: their milestones & challenges Part 2*

Abstract

We continue to discuss the milestones of econophysics and sociophysics.We chose them in the context of the challenges posed by contemporary socio-economic reality.We indicate their role in building research areas in econophysics and sociophysics. This part is devoted primarily to complexity, incredibly complex networks, and phase transitions, particularly critical phenomena and processes, agent-based modeling, risk issues in the context of financial markets, and elements of modern sociophysics.