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Statistical Mechanics of Money, Income, Debt, and Energy Consumption
Victor Yakovenko, University of Maryland By analogy with the probability distribution of energy in statistical physics, I argue that the probability distribution of money in a closed economic system sh, Reviews of Modern Physics 81, 1703 (2009), New Journal of Physics 12, 075032 (2010). This work is currently supported by the Institute for New Economic Thinking,
Peter Hedström elected a member of the Royal Swedish Academy of Letters, History and Antiquities
On the 6th of May, Peter Hedström was elected a member of the Royal Swedish Academy of Letters, History and Antiquities. The Royal Swedish Academy of Letters, History and Antiquities was founded in 175
Stefan Arora-Jonsson: What Competition Brings
Stefan Arora-Jonsson, Professor at the Department of Business Studies, Uppsala universitet ABSTRACTCompetition is a ubiquitous feature of modern society, perhaps more so now than ever before. While com