Statistical mechanics of economics I

DOI10.1016/J.PHYSLETA.2011.01.003zbMATH Open1242.91217OpenAlexW2125023938MaRDI QIDQ432846FDOQ432846

Authors: F. V. Kusmartsev 

Publication date: 4 July 2012

Published in: Physics Letters. A (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.physleta.2011.01.003

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zbMATH Keywords

econometricsmarketstatistical mechanicsmoneyfinancial crisisincome

Mathematics Subject Classification ID

Applications of statistics to actuarial sciences and financial mathematics (62P05) Statistical methods; risk measures (91G70) Microeconomic theory (price theory and economic markets) (91B24) Classical dynamic and nonequilibrium statistical mechanics (general) (82C05)

Cites Work

• Prediction and Entropy of Printed English
• Exponential and power-law probability distributions of wealth and income in the United Kingdom and the United States

Cited In (12)

• A model for the dynamic behavior of financial assets affected by news: the case of Tohoku-Kanto earthquake
• Application of computational statistical physics to scale invariance and universality in economic phenomena
• Universal laws of human society's income distribution
• A statistical mechanic view of macro-dynamics in economics
• Title not available (Why is that?)
• Statistical Mechanics of Labor Markets
• Dequantization, statistical mechanics and econophysics
• Nonlinear Financial Averaging, the Evolution Process, and Laws of Econophysics
• Title not available (Why is that?)
• Law of large numbers unifying Maxwell-Boltzmann, Bose-Einstein and Zipf-Mandelbrot distributions, and related fluctuations
• Statistical mechanics of socio-economic systems with heterogeneous agents
• Economic thermodynamics

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