INDECS - Paper abstract
  SOCIAL FREE ENERGY OF A PARETO-LIKE
RESOURCE DISTRIBUTION

Josip Stepanić1, Hrvoje Stefančić2, Vinko Zlatić2

1Faculty of Mechanical Engineering and Naval Architecture - University of Zagreb
 Zagreb, Croatia
2Theoretical Physics Division - Ruđer Bošković institute
  Zagreb, Croatia

Received: 15 June, 2006. Accepted: 15 February, 2007.

SUMMARY

For an organisation with a Pareto-like distribution of the relevant resources we determine the social free energy and related social quantities using thermodynamical formalism. Macroscopic dynamics of the organisation is linked with the changes in the attributed thermodynamical quantities through changes in resource distribution function. It is argued that quantities of thermodynamical origin form the optimised set of organisation’s state indicators, which is reliable expression of micro-dynamics.


KEY WORDS

resource distribution function, Pareto distribution, social free energy


CLASSIFICATION

JEL: C15
PACS: 05.70.-a, 89.65.Gh


Full paper as pdf version.


This is the official web site of the Scientific Journal INDECS.
Questions, comments and suggestions please send to: indecs@indecs.eu
Last modified: 20 June 2016.