The ergodicity problem in economics
O Peters - Nature Physics, 2019 - nature.com
The ergodic hypothesis is a key analytical device of equilibrium statistical mechanics. It
underlies the assumption that the time average and the expectation value of an observable …
underlies the assumption that the time average and the expectation value of an observable …
[图书][B] The end of theory: Financial crises, the failure of economics, and the sweep of human interaction
R Bookstaber - 2017 - degruyter.com
Our economy may have recovered from the Great Recession—but not our economics. In The
End of Theory, Richard Bookstaber discusses why the human condition and the radical …
End of Theory, Richard Bookstaber discusses why the human condition and the radical …
Evaluating gambles using dynamics
O Peters, M Gell-Mann - Chaos: An Interdisciplinary Journal of …, 2016 - pubs.aip.org
Gambles are random variables that model possible changes in wealth. Classic decision
theory transforms money into utility through a utility function and defines the value of a …
theory transforms money into utility through a utility function and defines the value of a …
[PDF][PDF] Foundations of cryptoeconomic systems
S Voshmgir, M Zargham - Research Institute for …, 2019 - assets.pubpub.org
Blockchain networks and similar cryptoeconomic networks are systems, specifically complex
systems. They are adaptive networks with multiscale spatio-temporal dynamics. Individual …
systems. They are adaptive networks with multiscale spatio-temporal dynamics. Individual …
Ergodicity breaking in wealth dynamics: The case of reallocating geometric Brownian motion
V Stojkoski, M Karbevski - Physical Review E, 2022 - APS
A growing body of empirical evidence suggests that the dynamics of wealth within a
population tends to be nonergodic, even after rescaling the individual wealth with the …
population tends to be nonergodic, even after rescaling the individual wealth with the …
Foundations of cryptoeconomic systems
S Voshmgir, M Zargham - 2020 - research.wu.ac.at
Blockchain networks and similar cryptoeconomic networks are systems, specifically complex
systems. They are adaptive networks with multiscale spatio-temporal dynamics. Individual …
systems. They are adaptive networks with multiscale spatio-temporal dynamics. Individual …
Stable cooperation emerges in stochastic multiplicative growth
Understanding the evolutionary stability of cooperation is a central problem in biology,
sociology, and economics. There exist only a few known mechanisms that guarantee the …
sociology, and economics. There exist only a few known mechanisms that guarantee the …
On growth-optimal tax rates and the issue of wealth inequalities
JP Bouchaud - Journal of Statistical Mechanics: Theory and …, 2015 - iopscience.iop.org
We consider a highly stylized, yet non trivial model of the economy, with a public and private
sector coupled through a wealth tax and a redistribution policy. The model can be fully …
sector coupled through a wealth tax and a redistribution policy. The model can be fully …
[HTML][HTML] Теоретические аспекты развития криптоэкономики и перспективы использования технологии блокчейн в финансовом секторе
КМ Багдасарян, ВД Еремин - Вестник евразийской науки, 2021 - cyberleninka.ru
В статье проводится обзор теоретических аспектов развития криптоэкономики,
которые связаны не только с техническими возможностями, но и более широким …
которые связаны не только с техническими возможностями, но и более широким …
Evolution of cooperation in networked heterogeneous fluctuating environments
V Stojkoski, M Karbevski, Z Utkovski… - Physica A: Statistical …, 2021 - Elsevier
Fluctuating environments are situations where the spatio-temporal stochasticity plays a
significant role in the evolutionary dynamics. The study of the evolution of cooperation in …
significant role in the evolutionary dynamics. The study of the evolution of cooperation in …