Socio-Economic Analogues of the Gas Laws (Boyle's and Charles')
Most social scientists would reject the possibility of socio-economic analogues of the gas laws (Boyle’s and Charles’) on verisimilitude grounds. The gas laws relate the variables temperature, pressure, and volume. The possibility of socio-economic analogues of the gas laws and their variables is suggested by the similarity of two mathematical models. One model is the Inequality Process (IP), a particle system model that explains a wide scope of socio-economic phenomena. The IP is isomorphic to the particle system of the Kinetic Theory of Gases (KTG) up to two differences. The KTG is the micro-level explanation of the gas laws. Given a map from the KTG into the IP, the IP implies empirically valid socio-economic analogues of Boyle’s and Charles’ Laws.
|Date of creation:||25 Sep 2011|
|Date of revision:||17 Jul 2012|
|Publication status:||Published in Proceedings of the 2011 Joint Statistical Meetings (2011): pp. 1375-1389|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
References listed on IDEAS
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.:
- Angle, John & Nielsen, Francois & Scalas, Enrico, 2009. "The Kuznets Curve and the Inequality Process," MPRA Paper 16058, University Library of Munich, Germany, revised 29 Jun 2009.
- John Angle, 2007. "The Macro Model of the Inequality Process and The Surging Relative Frequency of Large Wage Incomes," Papers 0705.3430, arXiv.org.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:40125. 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: (Joachim Winter)
If references are entirely missing, you can add them using this form.