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A long tradition to connect thermodynamics and eco
送交者: jingchen 2018年04月07日20:47:28 於 [教育學術] 發送悄悄話

A long tradition to connect thermodynamics and economics 


Ehrenfest was also interested in developing mathematical theories in economics. This interest was stimulated by his notion that there should be an analogy between thermodynamics and economic processes. While this did not result in publications, he did encourage his graduate student Jan Tinbergen to follow up on this. Tinbergen's thesis was devoted to problems both from physics and economics, and he went on to become an economist and was awarded the first Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel in 1969.


From Wikipedia, on Ehrenfest


My two books


Chen, J. (2005)  The Physical Foundation of Economics: An Analytical Thermodynamic TheoryWorld Scientific, Hackensack, NJ 

Chen,J. (2015) The Unity of Science and Economics: A New Foundation of Economic Theory, Springer



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