History and Philosophy of Physics

Stocks and Planck's Law

Authors: Constantinos Ragazas
Comments: 4 amended pages. Original paper was presented at an ATINER conference in Athens, Greece, August 7, 2007.

In this note we recount how a simple stock comparison model lead to a derivation of Planck's Law in Quantum Physics. This derivation is classical in the sense that it uses only continuous processes and does not need the 'quantization of energy hypothesis'. Furthermore, the derivation shows that Planck's Law is an exact mathematical identity that describes the interaction of energy.
Category: History and Philosophy of Physics