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6/8: Breakthrough 5: Econophysics bridge. 2025 ResearchGate: Physics concepts like chaos theory model markets robustly with neural nets. Finance meets physics! #Econophysics

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The Wealth Siphon and the Cold Box Trap: Gemini generated image.

The Wealth Siphon and the Cold Box Trap: Gemini generated image.

Read the full (speculative!) analysis on EconoPhysics: The Wealth Siphon & The Great Freeze here: compossible.blog/2025/12/01/e...

#Econophysics #Economics #Inequality

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XIII Polish Symposium on Physics in Economics and Social Sciences The Polish Symposium on Physics in Economics and Social Sciences (FENS 2025) is a well-established event that has been bringing together physicists, economists, and social scientists interested in app...

XIII Polish Symposium on Physics in Economics and Social Sciences

Registration deadline: August 26

#Events #econophysics #economics #socialscience #gametheory #complexsystems ./10

amahury.github.io/posts/FENS-s...

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Gintropy: Gini Index Based Generalization of Entropy
by Tamás S. Biró [ORCID] and Zoltán Néda [ORCID]

Wigner Research Centre for Physics, 1121 Budapest, Hungary

Complexity Science Hub, 1080 Vienna, Austria

Department of Physics, Babeş-Bolyai University, 400084 Cluj-Napoca, Romania

Author to whom correspondence should be addressed.
Entropy 2020, 22(8), 879; https://doi.org/10.3390/e22080879
Submission received: 9 July 2020 / Revised: 7 August 2020 / Accepted: 8 August 2020 / Published: 10 August 2020 

Abstract
Entropy is being used in physics, mathematics, informatics and in related areas to describe equilibration, dissipation, maximal probability states and optimal compression of information. The Gini index, on the other hand, is an established measure for social and economical inequalities in a society. In this paper, we explore the mathematical similarities and connections in these two quantities and introduce a new measure that is capable of connecting these two at an interesting analogy level. This supports the idea that a generalization of the Gibbs–Boltzmann–Shannon entropy, based on a transformation of the Lorenz curve, can properly serve in quantifying different aspects of complexity in socio- and econo-physics.
Keywords:
entropy; Gini index; socio-economic inequalities; econophysics

Gintropy: Gini Index Based Generalization of Entropy by Tamás S. Biró [ORCID] and Zoltán Néda [ORCID] Wigner Research Centre for Physics, 1121 Budapest, Hungary Complexity Science Hub, 1080 Vienna, Austria Department of Physics, Babeş-Bolyai University, 400084 Cluj-Napoca, Romania Author to whom correspondence should be addressed. Entropy 2020, 22(8), 879; https://doi.org/10.3390/e22080879 Submission received: 9 July 2020 / Revised: 7 August 2020 / Accepted: 8 August 2020 / Published: 10 August 2020 Abstract Entropy is being used in physics, mathematics, informatics and in related areas to describe equilibration, dissipation, maximal probability states and optimal compression of information. The Gini index, on the other hand, is an established measure for social and economical inequalities in a society. In this paper, we explore the mathematical similarities and connections in these two quantities and introduce a new measure that is capable of connecting these two at an interesting analogy level. This supports the idea that a generalization of the Gibbs–Boltzmann–Shannon entropy, based on a transformation of the Lorenz curve, can properly serve in quantifying different aspects of complexity in socio- and econo-physics. Keywords: entropy; Gini index; socio-economic inequalities; econophysics

Gintropy: Gini Index Based Generalization of Entropy
by Tamás S. Biró [ORCID] and Zoltán Néda [ORCID]

@orcid.org

#entropy #entropymeasures
#Giniindex #Ginicoefficient #Gini
#socioeconomicinequalities
#econophysics

www.mdpi.com/1099-4300/22...

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Games in Rigged Economies A game-theoretical model of a rigged economy predicts the emergence of cartels followed by a risk of instability as the economy becomes more complex.

People often yell that the Economy is rigged, but what might that mean more precisely? More and more these days, I'm drawn to my PRX paper on the topic, "Games in Rigged Economies" #ComplexSystems #Econophysics #GameTheory

journals.aps.org/prx/abstract...

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The Physics of Bitcoin Why Bitcoin is not a common asset but more similar to natural phenomena ruled by universal power laws due to recursive, infinite feedback…

True - the future is uncertain! The best we can do is study the data, create a mathematical model that describes the behavior, verify the model against historical data, and observe how new data fits what the model predicts. #science #econophysics

giovannisantostasi.medium.com/btc-is-a-pow...

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#econophysics #boundedrationality

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What kind of dynamics do then emerge? I don't claim to have any solutions. My aim with this paper was to turn people's attention to such scenario, and hope that the idea of "rigged" socioeconomic systems would be taken seriously and modeled accordingly.

#complexSystems #econophysics

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The man reinventing economics with chaos theory and complexity science Traditional economics makes ludicrous assumptions and poor predictions. Now an alternative approach using big data and psychological insights is proving far more accurate

Great interview with @doynefarmer.bsky.social about #ComplexityEconomics and his new book: The man reinventing economics with chaos theory and complexity science
#MakingSenseOfChaos #econsky #Econophysics

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Making Sense of Chaos From a pioneer in the field of complexity science and chaos theory, a plan for solving the world’s most pressing problems   We live in an age of increasin...

If you're interested in my new book and are in the US, it will be available from 6 August
#MakingSenseOfChaos #ComplexityEconomics #Econophysics
#econsky

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