Does anyone in here have an academic background in economics.

I’d like to publish a paper where by using the entropy functional I resolved the Allais paradox without modifying the axioms of game theory. This creates a formal methodology for choice under uncertainty (entropy) by including entropy with the utility functional.

Tested it on Bitcoin back in 2013, just didn’t have the derivation. Now I have the derivation.

Also forgot to mention this approach derives macroeconomics from game theory


Here’s a consequence of this that engineers will appreciate. Our economic activity is constrained by the second law of thermodynamics. For human interactions to occur spontaneously, e.g. without coercion, the entropy gradient has to be positive (think law of mass action but for people).

Socialism violates the second law...

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