The Thermodynamical Processes of the Model of Ideal Gas for the Description of the Activity of the Microeconomical Systems
Abstract
The activity of the stock markets as a part of microeconomical systems can be described by the ABC analysis and combined with Pareto distribution gives the quantitative description of the marketing activity by the application of the notion of rating coefficients of the stocks and the notion of econophysical temperatures based on these coefficients that have the meaning of the generation power of turnovers per one stock article and they are stabilized with time into a numerical series of Fibonacci numbers for each respective rating groups: (KAst=21, KBst=13, KCst=8, KXst=5, KZst=3). The suggested physical model for the econophysical description of the activity of the markets of stocks is the model of "ideal gas" that is the analogy to the "ideal market". The model of ideal gas is characteristic for the markets of perfect rivals and high competition. The conception of the first and second econophysical microeconomical thermodynamical laws were formulated for the microeconomical systems with the approximation of the turnovers of stocks to the model of ideal gas. Some examples of the market activity were described by isothermal processes and the turnovers could be estimated by the quantitative relation of the work done by the systems at these isoprocesses. The conception of Carnot cycle was applied for the explanation the process of the interaction with the hot reservoir of the market of customers and the cold reservoir of the market of dealers. The process of turnovers is well explained by the principle of work of the Carnot cycle.
Keywords: Econophysical temperatures, Fibonacci numbers, first and second econophysical laws of thermodynamics, Carnot cycle
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ISSN (Paper)2222-1905 ISSN (Online)2222-2839
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