Entropy Dynamics in Financial Systems: A Thermofluid Framework for Risk, Uncertainty, and Market Inefficiency
Ephesus O. Fatunmbi, Mukail A. Akinde & Olubisi L. Aako · Journal of Economics, Management and Trade · 2026
This investigation presents a brand-new thermodynamic approach to financial system analysis based on entropy generation concepts from fluid mechanics and heat transfer theory. The concept of financial entropy is utilized to quantify uncertainty in financial markets, and a governi...