Author(s)

Xiaoguang Yue¹, Yong Cao², Michael McAleer^3,4,5,6*

¹Department of Engineering Management, School of Civil Engineering, Wuhan University, Wuhan, China.
²Department of Computer Science, School of Computer and Information, Southwest Forestry University, Kunming, China.
³Department of Quantitative Finance, National Tsing Hua University, Chinese Taipei.
⁴Econometric Institute, Erasmus School of Economics, Erasmus University Rotterdam, Rotterdam, The Netherlands.
⁵Tinbergen Institute, Amsterdam and Rotterdam, The Netherlands.
⁶Department of Quantitative Economics, Complutense University of Madrid, Madrid, Spain.

In the physical and social sciences, and especially in physics and economics, respectively, order and disorder (alternatively, equilibrium and disequilibrium in economics) refer to the presence or absence of some symmetry or correlation in a many-particle system. It follows that it is important to examine whether there is any regularity hidden in the phase transition of the disorder-order relationship. In this paper a series of experiments are devised and executed to reveal the power law relationship between order and disorder, and to determine that the power law is indeed an important regular pattern in the phase transition from disorder to order.

Order, Disorder, Equilibrium, Disequilibrium, Power Law, Scale Invariance, Symmetry, Regularity, Physical Sciences, Social Sciences

Yue, X. , Cao, Y. and McAleer, M. (2016) From Disorder to Order. Theoretical Economics Letters, 6, 282-288. doi: 10.4236/tel.2016.62032.