Recent content by julesh

  1. J

    Can Entropy Serve as a Proxy for Competition Levels in Economic Systems?

    Indeed. But in perfect competition, assume all agents are the same.
  2. J

    Can Entropy Serve as a Proxy for Competition Levels in Economic Systems?

    No reason for competition to have rules. Don't think of sport. Think of multiple agents (as in economic agents or organisms) in a system all competing - independently and simultaneously.
  3. J

    Can Entropy Serve as a Proxy for Competition Levels in Economic Systems?

    Simple economics. In a perfect market place there is maximum competition. No agents are cooperating. In such a situation, then the outcome is that through competition between the agents money becomes evenly dispersed throughout the system. Why is that not the equivalent of a state of maximum...
  4. J

    Can Entropy Serve as a Proxy for Competition Levels in Economic Systems?

    Begging the question or not, maximum competition and maximum entropy both result in the same situation of complete dispersal of energy (or money) throughout all agents in the systems.
  5. J

    Can Entropy Serve as a Proxy for Competition Levels in Economic Systems?

    Take a system of competitive or cooperative agents (human, biological, molecular or atomic). Let's say they are competing for energy (or money, being that money is a proxy for energy). The state of maximum competition is the same as the state of maximum entropy. Can entropy therefore be...
  6. J

    Can Entropy Serve as a Proxy for Competition Levels in Economic Systems?

    Is there any particular reason why entropy could not be a measure of or proxy for the level of competition within a system?
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