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cond-mat.stat-mech2003
Applications of physics to economics and finance: Money, income, wealth, and the stock market
Adrian A. Dragulescu
Several problems arising in Economics and Finance are analyzed using concepts and quantitative methods from Physics. Here is the abridged abstact: Chapter 1: By analogy with energy…
cond-mat.stat-mech2002
Statistical Mechanics of Money, Income, and Wealth: A Short Survey
Adrian A. Dragulescu, Victor M. Yakovenko
In this short paper, we overview and extend the results of our papers cond-mat/0001432, cond-mat/0008305, and cond-mat/0103544, where we use an analogy with statistical physics to…