Econophysics as conceived by Meghnad Saha
Bikas K. Chakrabarti
Papers from arXiv.org
Abstract:
We trace the initiative by Professor Meghnad Saha to develop a (statistical) physics model of market economy and his search for the mechanism to constrain the entropy maximized width of the income distribution in a society such that the spread of inequality can be minimized.
Date: 2018-08
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Published in Science & Culture, Vol. 84, Nov.-Dec. 2018, pp. 365-369
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1808.09279
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