2005/06/10 by P. Ao, Ao, P.
Economics, Econometrics and Finance · Physics and Astronomy · #Data Analysis #FOS: Economics and business #FOS: Physical sciences #Physics and Society (physics.soc-ph) #Statistical Finance (q-fin.ST) #Statistics and Probability (physics.data-an) #physics.data-an #physics.soc-ph #q-fin.ST
paper · pdf · doi:10.48550/arxiv.physics/0506103
Latex, 9 pages
arxiv created 2005/06/10 · arxiv updated 2009/12/01
Within the description of stochastic differential equations it is argued that the existence of Boltzmann-Gibbs type distribution in economy is independent of the time reversal symmetry in econodynamics. Both power law and exponential distributions can be accommodated by it. The demonstration is based on a mathematical structure discovered during a study in gene regulatory network dynamics. Further possible analogy between equilibrium economy and thermodynamics is explored.