Generalization of the Aoki-Yoshikawa sectoral productivity model based on extreme physical information principle
| Autor: | Marcin Makowski, Ilona Bednarek, Edward W. Piotrowski, Jacek Syska, Jan Sładkowski |
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| Jazyk: | angličtina |
| Rok vydání: | 2015 |
| Předmět: |
Statistics and Probability
Econophysics Generalization Condensed Matter Physics Extreme physical information Continuous variable FOS: Economics and business Orders of approximation Theoretical methods Productivity model Construct (philosophy) General Finance (q-fin.GN) Quantitative Finance - General Finance Mathematical economics Mathematics |
| Popis: | This paper presents a continuous variable generalization of the Aoki-Yoshikawa sectoral productivity model. Information theoretical methods from the Frieden-Soffer extreme physical information statistical estimation methodology were used to construct exact solutions. Both approaches coincide in first order approximation. The approach proposed here can be successfully applied in other fields of research. 24 pages, 1 figure |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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