Social Equivalent of Free Energy
Characterisation of unbounded resources of a social system within the sociological interpretation has resulted in a large number of different notions, which are relevant in different situations. From the view point of statistical mechanics, these notions resemble free energy. In this paper the concept of social free energy is introduced and first steps toward its development presented. The social free energy is a function equal to physical free energy appropriately determined for the social system, with intrinsically sociological interpretation as a measure of social action obtainable in a given social system without changes in its structure. Its construction is a consequence of response of a social system to recognised parts of environment dynamics. It is argued that development of a social system response resembles exciting the normal modes of a general, physical system. Classification-ACM-1998: J.4; Social and behavioral sciences - Sociology
Volume (Year): 2 (2004)
Issue (Month): 1 ()
|Contact details of provider:|| |
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- McCauley, Joseph L., 2003. "Thermodynamic analogies in economics and finance: instability of markets," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 329(1), pages 199-212.
- Edward W. Piotrowski & Jan Sladkowski, "undated".
"The Thermodynamics of Portfolios,"
Departmental Working Papers
2, University of Bialtystok, Department of Theoretical Physics.
- E. W. Piotrowski & J. Sladkowski, 2000. "The thermodynamics of portfolios," Papers cond-mat/0011280, arXiv.org.
- Adrian Dragulescu & Victor M. Yakovenko, 2000. "Statistical mechanics of money," Papers cond-mat/0001432, arXiv.org, revised Aug 2000.
- McCauley, Joseph l., 2004. "Thermodynamic analogies in economics and finance: instability of markets," MPRA Paper 2159, University Library of Munich, Germany.
- Aoki,Masanao, 1998. "New Approaches to Macroeconomic Modeling," Cambridge Books, Cambridge University Press, number 9780521637695, Diciembre.
- Gaveau, B. & Martinás, K. & Moreau, M. & Tóth, J., 2002. "Entropy, extropy and information potential in stochastic systems far from equilibrium," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 305(3), pages 445-466. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:zna:indecs:v:2:y:2004:i:1:p:53-60. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Josip Stepanic)
If references are entirely missing, you can add them using this form.