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An Econophysics Model for the Currency Exchange with Commission

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Listed:
  • Ion Spanulescu
  • Victor A. Stoica
  • Ion Popescu

Abstract

In this paper an econophysics model for the currency exchange operations with commission is proposed. With this purpose some analogies and similarities of the processes that take place in the frame of the electrochemical system made from electrodes sunk into a solution of electrolytes and the process of the currency exchange and determination of the international currency purchasing power have been used. Some contact phenomena at the electrode/electrolyte separation surface, the physical principles of an electrochemical source operation and the determination of the sale attractiveness or the "potential" of the currency that is to be exchanged are also introduced and analyzed.

Suggested Citation

  • Ion Spanulescu & Victor A. Stoica & Ion Popescu, 2010. "An Econophysics Model for the Currency Exchange with Commission," Papers 1005.0313, arXiv.org.
    • Handle: RePEc:arx:papers:1005.0313
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    References listed on IDEAS

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    3. Fabrizio Lillo & Rosario N. Mantegna, 2000. "Variety and Volatility in Financial Markets," Papers cond-mat/0006065, arXiv.org.
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