Collective phenomena in economy and society

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Also known as mass action, collective behavior, and artificial chemistry

Physics Examples

  • Solitons
  • Perturbation theory in quantum mechanics
  • Ising Model
  • The quantization of magnetic flux in a superconductor
  • quantum Hall effect are both collective phenomena associated with thermodynamically large numbers of particles.

Economy

the formation of nations, languages and religions show similarities to condensation of vapor into liquid droplets

Society

Society shows sometimes abrupt changes - revolutions - which are related to phase transitions: both are sudden and dramatic changes of behavior.

Other Examples

Animal Magnetism, like Herding

References

http://www.santafe.edu/research/topics-dynamics-human-behavior-institutions.php