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Related papers: Temperature Measurement in Agent Systems

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Models for spin systems known from statistical physics are applied by analogy in econometrics in the form of agent-based models. Researchers suggest that the state variable temperature $T$ corresponds to volatility $\sigma$ in capital…

Statistical Finance · Quantitative Finance 2023-03-28 Christoph J. Börner , Ingo Hoffmann , John H. Stiebel

We are used to measure temperature with a thermometer and we know from everyday life that different types of thermometers measure the same temperature. This experience can be based on equilibrium thermodynamics, which explains the…

Soft Condensed Matter · Physics 2024-12-12 Lukas Hecht , Lorenzo Caprini , Hartmut Löwen , Benno Liebchen

Models for spin systems known from statistical physics are used in econometrics in the form of agent-based models. Econophysics research in econometrics is increasingly developing general market models that describe exchange phenomena and…

Statistical Finance · Quantitative Finance 2024-01-18 Christoph J. Börner , Ingo Hoffmann , John H. Stiebel

The article is devoted to the issues of using discrete simulation models for modeling some basic technological processes. In the scientific work, models in the form of multi-agent systems have been investigated, which allow us to consider a…

Multiagent Systems · Computer Science 2021-09-28 Sergey Petrovich Bobkov , Irina Aleksandrovna Astrakhantseva

Agent-based modeling is a computational dynamic modeling technique that may be less familiar to some readers. Agent-based modeling seeks to understand the behaviour of complex systems by situating agents in an environment and studying the…

Multiagent Systems · Computer Science 2023-04-19 G. Wade McDonald , Nathaniel D. Osgood

We consider the thermodynamic approach to the description of economic systems and processes. The first and second laws of thermodynamics as applied to economic systems are derived and analyzed. It is shown that there is a deep analogy…

General Finance · Quantitative Finance 2021-02-03 Sergey Rashkovskiy

Temperature of a finite-sized system fluctuates due to the thermal fluctuations. However, a systematic mathematical framework for measuring or estimating the temperature is still underdeveloped. Here, we incorporate the estimation theory in…

Statistical Mechanics · Physics 2026-03-17 Shaoyong Zhang , Zhaoyu Fei , Xiaoguang Wang

The goal is the development of a novel principle for the temperature acquisition of refrigerants in CO2 air conditioning systems. The new approach is based on measuring the temperature inside a pressure sensor, which is also needed in the…

Other Computer Science · Computer Science 2008-12-18 Sven Reitz , Andreas Schroth , Peter Schneider

In this article, we address the problem of how temperature of a quantum system is observed. By proposing a thought experiment, we argue that temperature must be conceived as an operator and its measurement must necessarily accompany a…

Quantum Physics · Physics 2018-07-19 Sushrut Ghonge , Dervis Can Vural

The meaning of temperature in nonequilibrium thermodynamics is considered by using a forced harmonic oscillator in a heat bath, where we have two effective temperatures for the position and the momentum, respectively. We invent a concrete…

Statistical Mechanics · Physics 2007-05-23 Takahiro Hatano , David Jou

Temperature is a deceptively simple concept that still raises deep questions at the forefront of quantum physics research. The observation of thermalisation in completely isolated quantum systems, such as cold-atom quantum simulators,…

Quantum Physics · Physics 2022-03-09 Mark T. Mitchison , Archak Purkayastha , Marlon Brenes , Alessandro Silva , John Goold

We extend on ideas from standard thermodynamics to show that temperature can be assigned to a general nonequilibrium quantum system. By choosing a physically motivated complete set of observables and expanding the system state thereupon,…

Quantum Physics · Physics 2021-05-26 S. Alipour , F. Benatti , M. Afsary , F. Bakhshinezhad , M. Ramezani , T. Ala-Nissila , A. T. Rezakhani

In traditional thermodynamics, temperature is a local quantity: a subsystem of a large thermal system is in a thermal state at the same temperature as the original system. For strongly interacting systems, however, the locality of…

Fairly rapid environmental changes call for continuous surveillance and on-line decision making. There are two main areas where IT technologies can be valuable. In this paper we present a multi-agent system for monitoring and assessing…

Multiagent Systems · Computer Science 2007-05-23 Ioannis N Athanasiadis , Pericles A Mitkas

Choice models for populations of agents on graphs are studied in terms of statistical thermodynamics. Equations of state are derived and discussed for different connectivity schemes, utility approximations, and temperature and volume…

Statistical Mechanics · Physics 2009-09-29 A. Majka , W. Wislicki

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

Temperature is usually defined for physical systems at thermal equilibrium. Nevertheless one may wonder if it would be possible to attribute a meaningful notion of temperature to an arbitrary quantum state, beyond simply the thermal (Gibbs)…

Quantum Physics · Physics 2023-02-01 Patryk Lipka-Bartosik , Martí Perarnau-Llobet , Nicolas Brunner

Agent-based modeling is a powerful simulation technique to understand the collective behavior and microscopic interaction in complex financial systems. Recently, the concept for determining the key parameters of the agent-based models from…

Statistical Finance · Quantitative Finance 2017-03-21 T. T. Chen , B. Zheng , Y. Li , X. F. Jiang

In the last years new interdisciplinary approaches to economics and social science have been developed. A Thermodynamic approach to socio-economics has brought to a new interdisciplinary scientific field called econophysics. Why…

Physics and Society · Physics 2016-10-26 S. Ripandelli , U. Lucia

We propose an embedding of standard active particle models in terms of two-temperature processes. One temperature refers to an ambient thermal bath, and the other temperature effectively describes ``hot spots,'' i.e., systems with few…

Statistical Mechanics · Physics 2024-01-23 Faezeh Khodabandehlou , Christian Maes
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