相关论文: Entropy Oriented Trading: A Trading Strategy Based…
Evidence implies that basic laws of thermodynamics must be tested by experiments. In this paper, an experiment is designed to measure the entropy of a system with at least one known (measurable) equation of state, especially the gas…
We consider demand-side economy. Using Caratheodory's approach, we define empirical existence of equation of state (EoS) and coordinates. We found new insights of thermodynamics EoS, the {\it effect structure}. Rules are proposed as…
We consider a particular instance of the lift of controlled systems recently proposed in the theory of irreversible thermodynamics and show that it leads to a variational principle for an optimal control in the sense of Pontryagin. Then we…
A microscopic definition of the thermodynamic entropy in an isolated quantum system must satisfy (i) additivity, (ii) extensivity and (iii) the second law of thermodynamics. We show that the diagonal entropy, which is the Shannon entropy in…
In the scientific and engineering literature, the second law of thermodynamics is expressed in terms of the behavior of entropy in reversible and irreversible processes. According to the prevailing statistical mechanics interpretation the…
A version of the second law of thermodynamics states that one cannot lower the energy of an isolated system by a cyclic operation. We prove this law without introducing statistical ensembles and by resorting only to quantum mechanics. We…
Given the return series for a set of instruments, a \emph{trading strategy} is a switching function that transfers wealth from one instrument to another at specified times. We present efficient algorithms for constructing (ex-post) trading…
Financial markets exhibit an apparent paradox: while directional price movements remain largely unpredictable--consistent with weak-form efficiency--the magnitude of price changes displays systematic structure. Here we demonstrate that…
In this paper, the generalized second law (GSL) of thermodynamics and entropy is revisited in the context of cosmological models with bouncing behavior such as chameleon cosmology where the boundary of the universe is assumed to be enclosed…
In a thermodynamical process, the dissipation or production of entropy can only be positive or zero according to the second law of thermodynamics. However the laws of thermodynamics are applicable to large systems in the thermodynamic…
Every production-recycling iteration accumulates an inevitable proportion of its matter-energy in the environment, lest the production process itself would be a system in perpetual motion, violating the second law of Thermodynamics. Such…
In terms of transfer entropy, we investigated the strength and the direction of information transfer in the US stock market. Through the directionality of the information transfer, the more influential company between the correlated ones…
A theory for thermodynamic induction (TI) under isothermal conditions is presented. This includes a treatment of the Helmholtz free energy budget available for a gate variable to utilize towards aiding another variable's approach towards…
We consider a two-way trading problem, where investors buy and sell a stock whose price moves within a certain range. Naturally they want to maximize their profit. Investors can perform up to $k$ trades, where each trade must involve the…
One of the most intriguing features of string thermodynamics is thermal duality, which relates the physics at temperature T to the physics at inverse temperature 1/T. Unfortunately, the traditional definitions of thermodynamic quantities…
Resource theories are a generic approach used to manage any valuable resource, such as entanglement, purity, and asymmetry. Such frameworks are characterized by two main elements: a set of predefined (free) operations and states, that one…
The entropy of classical thermodynamics is uniquely determined by the relation of adiabatical accessibilty between equilibrium states of thermodynamical systems. This review outlines the logical path leading to this results and the…
Fluid dynamics accompanies with the entropy production thus increases the local temperature, which plays an important role in charged systems such as the ion channel in biological environment and electrodiffusion in capacitors/batteries. In…
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…
Recently, there has been a considerable progress on the issue of the thermodynamic second law, which is known as the law of entropy increase or irreversibility. In particular, a novel symmetry known as the Gallavotti-Cohen symmetry is found…