Wednesday, November 24, 2010

Anyway, this all helps us combine science

If the link between statistical mechanics in physics and economics was Gibbs and Samuelson, then the link between quantized economics and physics to be Shannon.

The metaphor in both systems: In order to measure events, they must be quantized. One cannot quantize just one part of the experiment, for the result then violates maximum entropy. So a quantum physics experiment and an economic distribution have the ultimate limitation of quantization noise.

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