Collective phenomena in economy and society
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Also known as mass action, collective behavior, and artificial chemistry
“ Ah, the reason we all majored in physics in the first place... ”
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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