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This essay discusses the advantages of a probabilistic agent-based approach to questions in theoretical economics, from the nature of economic agents, to the nature of the equilibria supported by their interactions. One idea we propose is…

General Finance · Quantitative Finance 2013-11-05 Ted Theodosopoulos

We calculate the temperature dependence of the weak localization correction in a two dimensional system at arbitrary relation between temperature, $T$ and the elastic mean free time. We describe the crossover in the dephasing time…

Disordered Systems and Neural Networks · Physics 2016-01-11 B. N. Narozhny , Gábor Zala , I. L. Aleiner

A kinetic one-dimensional Ising model is coupled to two heat baths, such that spins at even (odd) lattice sites experience a temperature $T_{e}$ ($% T_{o}$). Spin flips occur with Glauber-type rates generalised to the case of two…

Statistical Mechanics · Physics 2009-11-07 F. Schmüser , B. Schmittmann

We have analyzed the validity of uncertainty relations between the fluctuations of thermodynamically conjugated extensive and intensive variables within the field of statistical mechanics. Analysis is presented for two particular examples…

Statistical Mechanics · Physics 2011-12-20 Genís Torrents , Eduard Vives , Antoni Planes

This paper describes an agent-based model of interacting firms, in which interacting firm agents rationally invest capital and labor in order to maximize payoff. Both transactions and production are taken into account in this model. First,…

Physics and Society · Physics 2009-11-13 Yuichi Ikeda , Hideaki Aoyama , Hiroshi Iyetomi , Yoshi Fujiwara , Wataru Souma , Taisei Kaizoji

Conserved currents of relativistic spin fluids derived from microscopic models are known to violate local thermodynamic relations. We present a systematic analysis of pseudo-gauge improvements in ideal spin hydrodynamics and identify a…

High Energy Physics - Theory · Physics 2026-03-17 Jay Armas , Akash Jain

We propose a definition of vorticity at inverse temperature $\beta$ for Gibbs states in quantum XY or Heisenberg spin systems on the lattice by testing $\exp[-\beta H]$ on a complete set of observables ("one-point functions"). Imposing a…

Mathematical Physics · Physics 2017-04-26 Dimitriy Minenkov , Michel Rouleux

A thermodynamic approach to the description of economic systems and processes is developed. It is shown that there is a deep analogy between the parameters of thermodynamic and economic systems (markets); so each thermodynamic parameter can…

General Physics · Physics 2021-08-18 Sergey Rashkovskiy

We study numerically temperature-shift and field-shift aging protocols on the 3-dimensional (3D) Ising Edwards-Anderson (EA) spin-glass (SG) model focusing on respectively the temperature-chaos nature and the stability under a static field…

Disordered Systems and Neural Networks · Physics 2016-08-31 H. Takayama

The thermodynamics of ideal gas on the noncommutative geometry in the coherent state formalism is investigated. We first evaluate the statistical interparticle potential and see that there are residual "attraction (repulsion) potential"…

High Energy Physics - Theory · Physics 2009-01-16 Wung-Hong Huang , Kuo-Wei Huang

We consider a model for thermal contact through a diathermal interface between two macroscopic bodies at different temperatures: an Ising spin chain with nearest neighbor interactions is endowed with a Glauber dynamics with different…

Statistical Mechanics · Physics 2018-05-09 M. Bauer , F. Cornu

We consider a quantum system consisting of a regular chain of elementary subsystems with nearest neighbor interactions and assume that the total system is in a canonical state with temperature $T$. We analyze under what condition the state…

Quantum Physics · Physics 2009-11-10 M. Hartmann , G. Mahler , O. Hess

The energy of a finite system thermally connected to a thermal reservoir may fluctuate, while the temperature is a constant representing a thermodynamic property of the reservoir. The finite system can also be used as a thermometer for the…

Statistical Mechanics · Physics 2015-05-28 M. Falcioni , A. Puglisi , A. Sarracino , D. Villamaina , A. Vulpiani

The laws of thermodynamics provide a clear concept of the temperature for an equilibrium system in the continuum limit. Meanwhile, the equipartition theorem allows one to make a connection between the ensemble average of the kinetic energy…

Statistical Mechanics · Physics 2009-11-13 Alex V. Popov , Rigoberto Hernandez

We investigate various scenarios which include interaction forms between dark matter and dark energy that exhibit sign reverse, namely where the transfer of energy between the dark fluids changes sign during evolution. We study the…

Cosmology and Nongalactic Astrophysics · Physics 2019-11-06 Supriya Pan , Weiqiang Yang , Chiranjeeb Singha , Emmanuel N. Saridakis

The heat capacity $\mathcal{C}$ of a given probe is a fundamental quantity that determines, among other properties, the maximum precision in temperature estimation. In turn, $\mathcal{C}$ is limited by a quadratic scaling with the number of…

Thermodynamic selection is an indirect competition between agents feeding on the same energy resource and obeying the laws of thermodynamics. We examine scenarios of this selection, where the agent is modeled as a heat-engine coupled to two…

Statistical Mechanics · Physics 2022-05-18 S. G. Babajanyan , E. V. Koonin , A. E. Allahverdyan

Thermal activation is mediated by field configurations that correspond to saddle points of the energy functional. The rate of probability flow along the unstable functional directions, i.e the activation rate, is usually obtained from the…

High Energy Physics - Phenomenology · Physics 2017-01-18 Daniel Boyanovsky , Richard Holman , Da-Shin Lee , João P. Silva

We develop a theory of the effective disorder temperature in glass-forming materials driven away from thermodynamic equilibrium by external forces. Our basic premise is that the slow configurational degrees of freedom of such materials are…

Materials Science · Physics 2015-05-13 Eran Bouchbinder , J. S. Langer

We investigate Ising model description of dynamics of stock price. The model is defined in near 2 dimensions, one dimension is time and another represents ensemble of stocks, and strength of response of investors to price change corresponds…

Statistical Mechanics · Physics 2008-12-02 Takeshi Inagaki
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