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Related papers: Thermodynamics and Economics

200 papers

In a closed economic system, money is conserved. Thus, by analogy with energy, the equilibrium probability distribution of money must follow the exponential Gibbs law characterized by an effective temperature equal to the average amount of…

Statistical Mechanics · Physics 2009-02-25 Adrian Dragulescu , Victor M. Yakovenko

Amyloid filaments are associated with neurodegenerative diseases such as Alzheimer's and Parkinson's. Simplified models of amyloid aggregation are crucial because the original mass-action equations involve numerous variables, complicating…

Biological Physics · Physics 2024-09-11 Xinyu Zhang , Haiyang Jia , Wuyue Yang , Liangrong Peng , Liu Hong

Entropy production (EP) is known as a fundamental quantity for measuring the irreversibility of processes in thermal equilibrium and states far from equilibrium. In stochastic thermodynamics, the EP becomes more visible in terms of the…

Statistical Mechanics · Physics 2020-06-24 Jaewoo Jung , Jaegon Um , Deokjae Lee , Yong W. Kim , D. Y. Lee , H. K. Pak , B. Kahng

In a previous paper, we introduced an axiomatic system for information thermodynamics, deriving an entropy function that includes both thermodynamic and information components. From this function we derived an entropic probability…

Quantum Physics · Physics 2024-12-18 Benjamin Schumacher , Michael D. Westmoreland

The problem of estimating entropy production from incomplete information in stochastic thermodynamics is essential for theory and experiments. Whereas a considerable amount of work has been done on this topic, arguably, most of it is…

Statistical Mechanics · Physics 2024-12-17 Pedro E. Harunari , Carlos E. Fiore , Andre C. Barato

We derive a formulation of the First Law of nonequilibrium thermodynamics for biological information-processing systems by partitioning entropy in the Second Law into microscopic and mesoscopic components and by assuming that natural…

Statistical Mechanics · Physics 2025-11-03 Roger D. Jones , Achille Giacometti , Alan M. Jones

The essence of the second law of classical thermodynamics is the `entropy principle' which asserts the existence of an additive and extensive entropy function, S, that is defined for all equilibrium states of thermodynamic systems and whose…

Mathematical Physics · Physics 2007-05-23 Elliott H. Lieb , Jakob Yngvason

Environmental science almost invariably proposes problems of extreme complexity, typically characterized by strongly nonlinear evolution dynamics. The systems under investigation have many degrees of freedom - which makes them complicated -…

Atmospheric and Oceanic Physics · Physics 2007-05-23 A. Speranza , V. Lucarini

Different notions of entropy play a fundamental role in the classical theory of dynamical systems. Unlike many other concepts used to analyze autonomous dynamics, both measure-theoretic and topological entropy can be extended quite…

Dynamical Systems · Mathematics 2017-08-03 Christoph Kawan

Thermodynamics have been applied to astronomy, biology, psychology, some social systems and so on. But, various evolutions from astronomy to biology and social systems cannot be only increase of entropy. When fluctuations are magnified due…

General Physics · Physics 2009-10-06 Yi-Fang Chang

A thermodynamic device placed outdoors, or a local ecosystem, is subject to a variety of different temperatures given by short-tem (daily) and long-term (seasonal) variations. In the long term a superstatistical description makes sense,…

Atmospheric and Oceanic Physics · Physics 2013-07-31 G. Cigdem Yalcin , Christian Beck

Trailing the modern ideas of sociophysics, a minimalistic thermodynamic model of society is proposed, which consists of three social ingredients: people, economy, and entropy. Employing the universal van der Waals equation of state, many…

Physics and Society · Physics 2024-12-10 Roumen Tsekov

A generalized multibaker map with periodic boundary conditions is shown to model boundary-driven transport, when the driving is applied by a ``perturbation'' of the dynamics localised in a macroscopically small region. In this case there…

Chaotic Dynamics · Physics 2015-06-26 Juergen Vollmer , Tamas Tel , Laszlo Matyas

Extended Thermodynamics is a very important theory: for example, it predicts hyperbolicity, finite speeds of propagation waves as well as continuous dependence on initial data. Therefore, it constitutes a significative improvement of…

Mathematical Physics · Physics 2007-05-23 Sebastiano Pennisi , Maria Cristina Carrisi , Antonio Scanu

By detailed Molecular Dynamics and Monte Carlo simulations %of a realistic model we show that granular materials at rest can be described as thermodynamics systems. First we show that granular packs can be characterized by few parameters,…

Statistical Mechanics · Physics 2009-11-11 Massimo Pica Ciamarra , Antonio Coniglio , Mario Nicodemi

Statistical formulations of thermodynamic entropy, such as those by Boltzmann and Gibbs, were originally developed for classical systems and are well understood in that context. However, the foundational aspects of quantum statistical…

Quantum Physics · Physics 2025-10-08 Smitarani Mishra , Shaon Sahoo

General aspects about the thermodynamics of astrophysical systems are discussed, overall, those concerning to astrophysical systems in mutual interaction (or the called \emph{open astrophysical systems}). A special interest is devoted along…

Astrophysics of Galaxies · Physics 2016-03-23 L. Velazquez

In the previous papers (Kui\'{c} et al. in Found Phys 42:319-339, 2012; Kui\'{c} in arXiv:1506.02622, 2015), it was demonstrated that applying the principle of maximum information entropy by maximizing the conditional information entropy,…

Statistical Mechanics · Physics 2016-06-14 Domagoj Kuic

A pedagogical derivation of statistical mechanics from quantum mechanics is provided, by means of open quantum systems. Besides, a new definition of Boltzmann entropy for a quantum closed system is also given to count microstates in a way…

High Energy Physics - Theory · Physics 2015-04-08 Yu-Lei Feng , Yi-Xin Chen

This article is a short version of a longer article to appear in Physics Reports (cond-mat/9708200). The essential postulates of classical thermodynamics are formulated, from which the second law is deduced as the principle of increase of…

Mathematical Physics · Physics 2007-05-23 Elliott H. Lieb , Jakob Yngvason