TITLE:
From Disorder to Order
AUTHORS:
Xiaoguang Yue, Yong Cao, Michael McAleer
KEYWORDS:
Order, Disorder, Equilibrium, Disequilibrium, Power Law, Scale Invariance, Symmetry, Regularity, Physical Sciences, Social Sciences
JOURNAL NAME:
Theoretical Economics Letters,
Vol.6 No.2,
April
27,
2016
ABSTRACT: 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.