Papers
Topics
Authors
Recent
AI Research Assistant
AI Research Assistant
Well-researched responses based on relevant abstracts and paper content.
Custom Instructions Pro
Preferences or requirements that you'd like Emergent Mind to consider when generating responses.
Gemini 2.5 Flash
Gemini 2.5 Flash 75 tok/s
Gemini 2.5 Pro 46 tok/s Pro
GPT-5 Medium 26 tok/s Pro
GPT-5 High 27 tok/s Pro
GPT-4o 104 tok/s Pro
Kimi K2 170 tok/s Pro
GPT OSS 120B 468 tok/s Pro
Claude Sonnet 4 37 tok/s Pro
2000 character limit reached

The Equilibrium Statistical Model of Economic Systems using Concepts and Theorems of Statistical Physics (1504.04102v1)

Published 16 Apr 2015 in q-fin.GN and physics.soc-ph

Abstract: Economic systems are similar with physic systems for their large number of individuals and the exist of equilibrium. In this paper, we present a model applying the equilibrium statistical model in economic systems. Consistent with statistical physics, we define a series of concepts, such as economic temperature, economic pressure, economic potential, wealth and population. Moreover, we suggest that these parameters show pretty close relationship with the concepts in economy. This paper presents related concepts in the equilibrium economic model and constructs significant theorems and corollaries, which is derived from the priori possibility postulate, getting theorems including the equilibrium theorem between open systems, the distribution theorem of wealth and population along with related corollaries. More importantly, we demonstrate a method constructing optimal density of states, optimizing a macroscopic parameter depending on need to get the distribution of density of states utilizing the variation method, which is significant for the development of a society. In addition, we calculate a simple economic system as an example, indicating that the system occupied mostly by the middle class could develop stably and soundly, explaining the reason for resulting distributions of macroscopic parameters.

Summary

We haven't generated a summary for this paper yet.

Lightbulb On Streamline Icon: https://streamlinehq.com

Continue Learning

We haven't generated follow-up questions for this paper yet.

Authors (1)

List To Do Tasks Checklist Streamline Icon: https://streamlinehq.com

Collections

Sign up for free to add this paper to one or more collections.