相关论文: Generalized second law of thermodynamics in the Gl…
The Glosten-Milgrom model describes a single asset market, where informed traders interact with a market maker, in the presence of noise traders. We derive an analogy between this financial model and a Szil\'ard information engine by {\em…
We derive a generalization of the Second Law of Thermodynamics that uses Bayesian updates to explicitly incorporate the effects of a measurement of a system at some point in its evolution. By allowing an experimenter's knowledge to be…
The field-dependent equilibrium thermodynamics is derived with two methods: either by using the potential formalism either by the statistical method. Therefore, Pontrjagin's extremum principle of control theory is applied to an extended…
Boltzmann's principle S=k ln W allows to extend equilibrium thermo-statistics to ``Small'' systems without invoking the thermodynamic limit. The clue is to base statistical probability on ensemble averaging and not on time averaging. It is…
The irreversible entropy increase described by the second law of thermodynamics is fundamentally tied to thermalization and the emergence of equilibrium. In the first part of our work (Ref: arXiv.2503.04152), we constructed an isolated gas…
This paper develops a comprehensive theoretical framework that imports concepts from stochastic thermodynamics to model price impact and characterize the feasibility of round-trip arbitrage in financial markets. A trading cycle is treated…
We investigate the validity of the generalized second law of thermodynamics on the $(n-1)$-dimensional brane embedded in the $(n+1)$-dimensional bulk. We examine the evolution of the apparent horizon entropy extracted through relation…
We investigate the validity the generalized second law of thermodynamics in a general braneworld model with curvature correction terms on the brane and in the bulk, respectively. Employing the derived entropy expression associated with the…
A major part of the many thermally driven processes in our natural environment as well as in engineering solutions of Carnot-type machinery is based on the second law of thermodynamics (or principle of entropy increase). An interesting link…
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…
The present paper studies a large class of temperature dependent probability distributions and shows that entropy and energy can be defined in such a way that these probability distributions are the equilibrium states of a generalized…
We extend stochastic thermodynamics by relaxing the two assumptions that the Markovian dynamics must be linear and that the equilibrium distribution must be a Boltzmann distribution. We show that if we require the second law to hold when…
In a macroscopic (quantum or classical) Hamiltonian system, we prove the second law of thermodynamics in the forms of the minimum work principle and the law of entropy increase, under the assumption that the initial state is described by a…
The possibility of stating the second law of thermodynamics in terms of the increasing behaviour of a physical property establishes a connection between that branch of physics and the theory of algebraic inequalities. We use this connection…
All presently available results lead to the conclusion that nonextensivity, in the sense of nonextensive statistical mechanics (i.e., $q \ne 1$), does {\it not} modify anything to the second principle of thermodynamics, which therefore…
By employing the general expression of temperature $T_{h}=|\kappa|/2\pi = \frac{1}{2\pi \tilde{r}_{A}}(1-\frac{\dot{\tilde{r}}_{A}}{2H\tilde{r}_{A}})$ associated with the apparent horizon of a FRW universe and assuming a region of FRW…
In this paper, the generalized second law (GSL) of thermodynamics and entropy is revisited in the context of cosmological models in Gauss-Bonnet gravity with the boundary of the universe is assumed to be enclosed by the dynamical apparent…
We reanalyze high resolution data from the New York Stock Exchange and find a monotonic (but not power law) variation of the mean value per trade, the mean number of trades per minute and the mean trading activity with company…
The Gibbs distribution universally characterizes states of thermal equilibrium. In order to extend the Gibbs distribution to non-equilibrium steady states, one must relate the self-information $\mathcal{I}(x) = -\log(P_\text{ss}(x))$ of…
We have considered that the universe is the inhomogeneous $(n+2)$ dimensional quasi-spherical Szekeres space-time model. We consider the universe as a thermodynamical system with the horizon surface as a boundary of the system. To study the…