HES: Re: DISC--the "econophysics" movement
Barkley Rosser
rosserjb at jmu.edu
Sun Sep 23 13:16:29 EDT 2007
To John C. Medaille,
The similarity is that there is less concern with modeling the
behavior of individual agents,
as these are assumed to be heterogeneous anyway. Hence one is modeling over
statistical
distributions, which in turn are often derived from models in statistical
mechanics, where one
considers the aggregate behavior of particles as a statistical outcome
rather than the individual
behavior of individual particles.
Barkley Rosser
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