2005/08/03 by Çağlar Tunçay, Caglar Tuncay, Tuncay, Caglar
Economics, Econometrics and Finance · Physics and Astronomy · #Advanced Thermodynamics and Statistical Mechanics #Complex Systems and Time Series Analysis #Economic Theory and Policy #FOS: Economics and business #FOS: Physical sciences #Physics and Society (physics.soc-ph) #Statistical Finance (q-fin.ST) #physics.soc-ph #q-fin.ST
paper · pdf · doi:10.48550/arxiv.physics/0508023
6pages, 3 figures
arxiv created 2005/08/03 · openalex publication_date 2005/08/03 · arxiv updated 2009/12/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28
DJIA is tested whether it can be described as a mechanical system conserving total energy with K (=v*v/2) + U, where U is calculated as the negative of work done by force obtained in terms of the second derivative of price, assuming unit mass.