2019-Black-hole-economics-Kusmartsev.pdf (2.42 MB)
Download fileBlack holes in economics
journal contribution
posted on 2020-02-27, 14:14 authored by Feodor Kusmartsev, Yi LuoThe economics is one of the most complex systems in nature. There is still no united view on all processes happen there. Here we would like to present a geometrical approach to economics, where we introduce a new concept of economic metric space. We show that there may exist black holes, the objects, which may play a crucial role in the economics dynamics. We argue that the existence of black holes in such system from one side may stimulate economics while from other side may originate financial crisis.
History
School
- Science
Department
- Physics
Published in
Hyperion International Journal of Econophysics & New EconomyVolume
12Issue
2Pages
21 - 28Publisher
Hyperion UniversityVersion
- VoR (Version of Record)
Rights holder
© The AuthorsPublisher statement
This is an Open Access article. It is published under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Licence (CC BY-NC-ND). Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/Acceptance date
2019-09-17Publication date
2019-12-25eISSN
2069-3508Language
- en