Geometrization of Econophysics : An Alternative Approach for Measuring Elements of Risk Management of an Economic System
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Date
2013
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arXiv preprint arXiv:1310.2220
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Abstract
The relationship between micro-structure and macro-structure of complex systems using information geometry has been dealt by several authors. From this
perspective, we are going to apply it as a geometrical structure connecting both
microeconomics and macroeconomics . The results lead us to introduce new modified quantities into both micro-macro economics that enable us to describe the link
between them. The importance of such a scheme is to find out -with some accuracya new method can be introduced for examining the stability of an economic system.
This type of requirement is expressed by examining the stability of the equations
of path deviations for some economic systems as described in a statistical manifold.
Such a geometization scheme of economic systems is an important step toward
identifying risk management factors and so contributes to the growing literature of
econophysics.
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University of Geometrization of Econophysics