Economic Amplifier - A New Econophysics Model

Details Economic Amplifier - A New Econophysics Model Economic Amplifier - A New Econophysics Model

2007-07-25

arxiv.org/abs/0707.3703v1

Economy

Quantitative Finance

General Finance

13 pages, 6 figures

Scientific paper

Most of the econometric and econophysics models have been borrowed from the statistical physics, and as a cosequence, a new interdisciplinary science called econophysics has emerged. In this paper we planned to extend the analogy between different economic processes or phenomena and processes and phenomena from different fields of physics, other than statistical physics. On the basis of the economic development process and amplification phenomenon analogy, a new econophysics model, named economic amplifier, on the electronic amplification principle from applied physics was proposed und largely analyzed.

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