Article ID Journal Published Year Pages File Type
10480990 Physica A: Statistical Mechanics and its Applications 2013 11 Pages PDF
Abstract
► We infer the intrinsic forces of 'black-box' complex systems from their observable output statistics. ► The inference is based on a top-down entropy approach, and on a bottom-up Langevin approach. ► Our method is applied to the distribution of wealth in human societies. ► Econophysical visualization of Adam Smith's invisible hand is established. ► Econophysical explanation of the rich-get-richer and poor-get-poorer phenomena is obtained.
Related Topics
Physical Sciences and Engineering Mathematics Mathematical Physics
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