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Econophysics as conceived by Meghnad Saha

Published 28 Aug 2018 in q-fin.GN | (1808.09279v1)

Abstract: We trace the initiative by Professor Meghnad Saha to develop a (statistical) physics model of market economy and his search for the mechanism to constrain the entropy maximized width of the income distribution in a society such that the spread of inequality can be minimized.

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