English

Is it Possible to Describe Economical Phenomena by Methods of Statistical Physics of Open Systems?

General Physics 2007-05-23 v1

Abstract

The methods of statistical physics of open systems are used for describing the time dependence of economic characteristics (income, profit, cost, supply, currency etc.) and their correlations with each other. Nonlinear equations (analogies of known reaction-diffusion, kinetic, Langevin equation) describing appearance of bifurcations, self-sustained oscillational processes, self-organizations in economic phenomena are offered.

Keywords

Cite

@article{arxiv.physics/0005010,
  title  = {Is it Possible to Describe Economical Phenomena by Methods of Statistical Physics of Open Systems?},
  author = {L. Ya. Kobelev and O. L. Kobeleva and Ya. L. Kobelev},
  journal= {arXiv preprint arXiv:physics/0005010},
  year   = {2007}
}

Comments

LaTeX, revtex