Time for a Change: Introducing irreversible time in economics
Gresham College Lectures
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Gresham College Lectures
Time for a Change: Introducing irreversible time in economics
Nov 22, 2012
Gresham College
An exploration of the remarkable consequences of using Boltzmann's 1870s probability theory and cutting-edge 20th Century mathematics in economic settings. An understanding of risk, market stability and economic inequality emerges.
The lecture presents two problems from economics: the...

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