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Information Geometry in Roegenian Economics

We characterise the geometry of the statistical Roegenian manifold that arises from the equilibrium distribution of an income of noninteracting identical economic actors. The main results for ideal income are included in three subsections: partition function in distribution, scalar curvature, and ge...

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Autores principales: Udriste, Constantin, Tevy, Ionel
Formato: Online Artículo Texto
Lenguaje:English
Publicado: MDPI 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9318952/
https://www.ncbi.nlm.nih.gov/pubmed/35885155
http://dx.doi.org/10.3390/e24070932
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author Udriste, Constantin
Tevy, Ionel
author_facet Udriste, Constantin
Tevy, Ionel
author_sort Udriste, Constantin
collection PubMed
description We characterise the geometry of the statistical Roegenian manifold that arises from the equilibrium distribution of an income of noninteracting identical economic actors. The main results for ideal income are included in three subsections: partition function in distribution, scalar curvature, and geodesics. Although this system displays no phase transition, its analysis provides an enlightening contrast with the results of Van der Waals Income in Roegenian Economics, where we shall examine the geometry of the economic Van der Waals income, which does exhibit a “monetary policy as liquidity—income” transition. Here we focus on three subsections: canonical partition function, economic limit, and information geometry of the economic Van der Waals manifold.
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spelling pubmed-93189522022-07-27 Information Geometry in Roegenian Economics Udriste, Constantin Tevy, Ionel Entropy (Basel) Article We characterise the geometry of the statistical Roegenian manifold that arises from the equilibrium distribution of an income of noninteracting identical economic actors. The main results for ideal income are included in three subsections: partition function in distribution, scalar curvature, and geodesics. Although this system displays no phase transition, its analysis provides an enlightening contrast with the results of Van der Waals Income in Roegenian Economics, where we shall examine the geometry of the economic Van der Waals income, which does exhibit a “monetary policy as liquidity—income” transition. Here we focus on three subsections: canonical partition function, economic limit, and information geometry of the economic Van der Waals manifold. MDPI 2022-07-05 /pmc/articles/PMC9318952/ /pubmed/35885155 http://dx.doi.org/10.3390/e24070932 Text en © 2022 by the authors. https://creativecommons.org/licenses/by/4.0/Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
spellingShingle Article
Udriste, Constantin
Tevy, Ionel
Information Geometry in Roegenian Economics
title Information Geometry in Roegenian Economics
title_full Information Geometry in Roegenian Economics
title_fullStr Information Geometry in Roegenian Economics
title_full_unstemmed Information Geometry in Roegenian Economics
title_short Information Geometry in Roegenian Economics
title_sort information geometry in roegenian economics
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9318952/
https://www.ncbi.nlm.nih.gov/pubmed/35885155
http://dx.doi.org/10.3390/e24070932
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