We develop a unified conceptual and mathematical structure for equilibrium econophysics, i.e., the use of concepts and tools of equilibrium thermodynamics in neoclassical microeconomics and vice versa. Within this conceptual structure the results obtained in microeconomic theory are: (1) the definit
β¦ LIBER β¦
Economic uncertainty and econophysics
β Scribed by Christophe Schinckus
- Publisher
- Elsevier Science
- Year
- 2009
- Tongue
- English
- Weight
- 473 KB
- Volume
- 388
- Category
- Article
- ISSN
- 0378-4371
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## Abstract Health economic decision models are based on specific assumptions relating to model structure and parameter estimation. Validation of these models is recommended as an indicator of reliability, but is not commonly reported. Furthermore, models derived from different data and employing d