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Physical Modeling of economic systems

Author

Listed:
  • Kondratenko, Anatoly

Abstract

Methods of theoretical physics, classical mechanics and quantum mechanics are used to develop classical and quantum models of economies and to derive their equations of motion that describe economy evolution in time, namely, Lagrange and Schrödinger equations correspondingly. The book is intended to economists and physicists interested in formal economics background.

Suggested Citation

  • Kondratenko, Anatoly, 2005. "Physical Modeling of economic systems," MPRA Paper 6123, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:6123
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    File URL: https://mpra.ub.uni-muenchen.de/6123/2/MPRA_paper_6123.pdf
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    File URL: https://mpra.ub.uni-muenchen.de/10452/1/MPRA_paper_10452.pdf
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    Citations

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    Cited by:

    1. BADEA Irina-Raluca, 2016. "The Role Of The Z-Score Model In Assessing Financial Stability. Evidence From The Commercial Banks Listed On Bucharest Stock Exchange," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 68(2), pages 188-200, September.
    2. Paras M. Agrawal & Ramesh Sharda, 2013. "OR Forum---Quantum Mechanics and Human Decision Making," Operations Research, INFORMS, vol. 61(1), pages 1-16, February.
    3. FANTANA Raul-Sorin, 2016. "The Exchange Activity And Quantic Economics," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 68(2), pages 161-172, September.

    More about this item

    Keywords

    quantum economy; physical modeling; modeling of economic systems;
    All these keywords.

    JEL classification:

    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles

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