Re: Re: Gregnews: US report proves EP lies
[email protected] Wed, 27 Jul 2005 11:46:19 +0200 (CEST)
| Newsgroups | gmane.org.aful.patents |
|---|---|
| Message-ID | <[email protected]> |
> This NEW BRANCH of science has experienced remarkable growth in recent > years. > To fight such patents in Europe is to fight the progress of a new > science in Europe. Hmmm... Econophysics is a very interesting branch of condensed matter physics ;-) and very respectable too: http://cowles.econ.yale.edu/P/cd/d15a/d1520.pdf but - as anyone who knows something about modern physics could tell you - however close the mathematical analogies it doesn't mean it /is/ thermodynamics: > The movement and exchange of such goods is little different than > the movement and exchange of energy in interacting particle systems. In > both cases, thermodynamics ignores the microscopic interactions and focuses > instead on macroscopic properties. It is not surprising then that > physicists are successfully able to apply this physics to financial > markets (indeed, Wall Street hires tons of physicists). or that its applications are anything like those of mathematically analagous fields and it certainly does not follow that: > a good way to promote the disclosure of new, useful applications of > a science is with patents. I think we should at least wait until the econophysical models themselves tell us that they ought to be patentable.