Thermodynamics of markets

被引:9
作者
Rashkovskiy, S. A. [1 ,2 ]
机构
[1] Russian Acad Sci, Ishlinsky Inst Problems Mech, Vernadskogo Ave 101-1, Moscow 119526, Russia
[2] Tomsk State Univ, 36 Lenina Ave, Tomsk 634050, Russia
关键词
Econophysics; Economic system; First and second laws; Thermodynamic parameters of the economic system; Thermostatistics of the economic system; STATISTICAL-MECHANICS; ECONOPHYSICS; ECONOMICS;
D O I
10.1016/j.physa.2020.125699
中图分类号
O4 [物理学];
学科分类号
0702 ;
摘要
We consider the thermodynamic approach to the description of economic systems and processes. The first and second laws of thermodynamics as applied to economic systems are derived and analyzed. It is shown that there is a deep analogy between the parameters of thermodynamic and economic systems (markets); in particular, each thermodynamic parameter can be associated with a certain economic parameter or indicator. The economic meaning of such primordial thermodynamic concepts as pressure, volume, internal energy, heat, etc. has been established. The thermostatistics of the market is considered. It is shown that, as in conventional thermostatistics, many market parameters, such as price of goods, quantity of goods, etc., as well as their fluctuations can be calculated formally using the partition function of an economic system. (C) 2020 Elsevier B.V. All rights reserved.
引用
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页数:18
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