Economic Crisis and Earthquake Dynamics: A Nonextensive Statistical Mechanics Approach
Article Sidebar
Main Article Content
Abstract
Men have been trying to make their lives structured and organized as time goes by. But nature never ordered, and social worlds are not simple. In the common sense, social sciences and natural sciences are different realms.
Correlated with econophysics and statistical physics, implied mathematical and logical relation between economic crisis and earthquake dynamics.
Article Details
Copyright (c) 2026 Hidajatullah-Maksoed W.
This work is licensed under a Creative Commons Attribution 4.0 International License.
1. Yakovenko VM. Econophysics: Statistical mechanics approach to. In: Durlauf SN, Blume LE, editors. The New Palgrave Dictionary of Economics. 2nd ed. London: Palgrave Macmillan; 2008. Available from: https://ideas.repec.org/p/arx/papers/0709.3662.html
2. Yakovenko VM, Rosser JB. Colloquium: Statistical mechanics of money, wealth, and income. Rev Mod Phys. 2009;81(4):1703–1725. Available from: https://journals.aps.org/rmp/abstract/10.1103/RevModPhys.81.1703
3. Sornette D. Critical phenomena in natural sciences: Chaos, fractals, self-organization and disorder: Concepts and tools. Berlin: Springer; 2004. Available from: https://ui.adsabs.harvard.edu/abs/2004cpns.book.....S/abstract
4. Stanley HE, Amaral LAN, Gabaix X, Gopikrishnan P, Plerou V. Statistical physics and economic fluctuations. Physica A. 2002;314(1–4):66–73.
5. Tsallis C. Possible generalization of Boltzmann–Gibbs statistics. J Stat Phys. 1988;52(1–2):479–487. Available from: https://www.researchgate.net/publication/226805234_Possible_generalization_of_Boltzmann-Gibbs_statistics
6. Tsallis C, Bugatti E. Nonextensive statistical mechanics: A brief introduction. arXiv [cond-mat.stat-mech]. 2003. Available from: https://arxiv.org/abs/cond-mat/0305606
7. Potirakis SM, Karakostas V, Eftaxias K. Dynamical analogy between economic crisis and earthquake dynamics within the nonextensive statistical mechanics framework. Physica A. 2013;392(13):2940–2954. Available from: https://arxiv.org/abs/1211.5153