Re: Gregnews: US report proves EP lies

----- Original Message ----- 

From: "Gregory Aharonian"Subject: Re: [Patents] Gregnews: US report proves 
EP lies


Back to the principles please:

I  could not find that the reports proves EP lies.

It however proves that objectives of software development strategy seem to 
be more important now than patenting of business methods.

Is it at all the linguistics around this business methods patenting clear 
and correct? If so is it possible to patent way of doing the business 
without complete destruction of  the market?

If not how to reduce the misunderstanding? How the econophysics can apply 
then thermodynamics to a market with reserved ways of doing and organization 
of own business.



I think that mathematical reference of the apporach in both domains of 
Economics and Physics is more easy to understand than authomatic mirroring 
of physics into the economy. On the other hand thermodynamics is setting the 
laws, and in particular patent law out of the scene.



regards

Jacek Gancarson



> >When you look at the naming "econophysics" you once again find that it is
>>the economists who appear to be borrowing the prestige of the physicists,
>>rather than the other way around.
>
> "Econophysics" is a word that originated in the physics community when
> many physicists noticed that an increasing number of papers in physics
> journals were developing and experimentally testing theories (i.e. what
> science is) about financial markets.  It has nothing to do with prestige,
> but rather the standard practice for inventing a term to relate a group
> of papers/activities of physicists  like "biophysics" or "chemical 
> physics"
> ("economic physics" being a bit wordy).
>
>>It is clear that physics is the most successful application area for these
>>models. Yet their identification with "physics" by economists could again
>>be seen as abusive.
>
> Only by someone ignorant of physics.  Physics is successfully being 
> applied
> to financial and business markets because physicists have experimentally
> found, by gathering and analyzing data, that financial and business 
> markets
> have similar types of non-linear dyanmics as other physical phenomena.
> For example, the Levy distribution used to characterize multiscale
> phenomena also has been found to characterize the time-dependent nature
> of some financial markets.  So it is not "abusive", but rather the
> recognition that physics is being applied to yet another dynamical
> systems (financial markets) successfully because of shared system 
> dynamics.
>
> For example, here is part of the introduction to a European Science
> Foundation conference on econophysics:
>
>    Econophysics is the interdisciplinary scientific area where
>    methods from theoretical physics, especially those which have
>    been generated within the disordered systems community, are
>    being applied to large and complex socio-economic processes,
>    in order to obtain a qualitative and quantitative understanding
>    of the non-trivial dynamical phenomena and persistent patterns
>    observed in financial and economic time series.  This NEW
>    BRANCH of science has experienced remarkable growth in recent
>    years.  From its modest beginnings, as witnessed in the first
>    econophysics workshop in Budapest (1996), it has come of age
>    and turned itself into a RESPECTABLE BRANCH OF PHYSICS, with
>    impact far beyond the physics domain.  Nowadays, the econophysics
>    approach is becoming more sophisticated, and increasingly
>    focused on economic realism.
>
> So there is no "abusive" borrowing of the "prestige" of physics by
> economists.  Rather, econophysics is a growing new, respectable branch
> of physics, and as a new science, applications of this science,
> new specific business methods, are technical in the classic sense
> of any applied science.
>
> Think of it this way - human brains are highly non-linear neurodynamical
> systems - their study a long part of the neural sciences.  One might
> consider brains that make up financial markets as "neural atoms".
> While some scientists are studying the microscopic behavior of human
> minds, the econophysicists are studying the macroscopic behavior of
> interacting non-linear biological systems (brains).  Seems all science
> to me.
>
> And a good way to promote the disclosure of new, useful applications of
> a science is with patents.  To fight such patents in Europe is to fight
> the progress of a new science in Europe.  The European authorities might
> want to wonder why anyone would do so.
>
> Your use of "abusive" and "prestige" insults both physicists and 
> economists.
>
> Greg Aharonian
>
>
>
>