8 pages, 2 figures, presented at the ECCS'10 conferencePhysics and economics are two disciplines that share the common challenge of linking microscopic and macroscopic behaviors. However, while physics is based on collective dynamics, economics is based on individual choices. This conceptual difference is one of the main obstacles one has to overcome in order to characterize analytically economic models. In this paper, we build both on statistical mechanics and the game theory notion of Potential Function to introduce a rigorous generalization of the physicist's free energy, which includes individual dynamics. Our approach paves the way to analytical treatments of a wide range of socio-economic models and might bring new insights into them....
Social free energy was recently introduced as a measure of social action obtainable from a given soc...
International audienceIn Thomas Schelling's famous segregation model, it is shown that the link betw...
The definition of place utility from potential theory shows that a preference and orthogonal indiffe...
In statistical physics, the conservation of particle number results in the equalization of the chemi...
Linking microscopic and macroscopic behavior is at the heart of many natural and social sciences. Th...
Energy systems of the future are envisaged to encompass multiple interacting autonomous entities. Th...
Economic engineering models individual agents as inertia elements and can be viewed as a microeconom...
This paper proposes a statistical mechanical model for the energy conservation behaviour of energy u...
An understanding of the behaviour of financial assets and the evolution of economies has never been ...
For more than 100 years economists have tried to describe economics in analogy to physics, more prec...
Evolutionary Game Theory represents a vibrant and interdisciplinary research field, that is attracti...
The description of emerging collective behaviors and self--organization in a group of interacting i...
We argue about the application of methods of statistical mechanics to free economy (Kusmartsev F. V....
The free energy principle (FEP) states that any dynamical system can be interpreted as performing Ba...
Social free energy was recently introduced as a measure of social action obtainable from a given soc...
International audienceIn Thomas Schelling's famous segregation model, it is shown that the link betw...
The definition of place utility from potential theory shows that a preference and orthogonal indiffe...
In statistical physics, the conservation of particle number results in the equalization of the chemi...
Linking microscopic and macroscopic behavior is at the heart of many natural and social sciences. Th...
Energy systems of the future are envisaged to encompass multiple interacting autonomous entities. Th...
Economic engineering models individual agents as inertia elements and can be viewed as a microeconom...
This paper proposes a statistical mechanical model for the energy conservation behaviour of energy u...
An understanding of the behaviour of financial assets and the evolution of economies has never been ...
For more than 100 years economists have tried to describe economics in analogy to physics, more prec...
Evolutionary Game Theory represents a vibrant and interdisciplinary research field, that is attracti...
The description of emerging collective behaviors and self--organization in a group of interacting i...
We argue about the application of methods of statistical mechanics to free economy (Kusmartsev F. V....
The free energy principle (FEP) states that any dynamical system can be interpreted as performing Ba...
Social free energy was recently introduced as a measure of social action obtainable from a given soc...
International audienceIn Thomas Schelling's famous segregation model, it is shown that the link betw...
The definition of place utility from potential theory shows that a preference and orthogonal indiffe...