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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (4238)6/4/2001 5:39:28 AM
From: smolejv@gmx.net  Read Replies (1) of 74559
 
re traffic jams and >>somebody stepped on the break and we got it<< observation: very much the same thing with water suddenly freezing or some material losing its supraconductivity due to magnetic field - its what one calls phase transition - from moving traffic to frozen-up highways. Years ago when I still had some more contact with physics and physicists I dreamed of devising a whole theory including soft mode and symmetry breaking etc around it. Probably its been done anyhow.

Eventually the only state variable which matters is cars/mile (the traffic density). Next probable average weight of the car (make it a distribution).

Best example of a nasty everyday phase transition:6 chockful lanes somewhere between NY and Boston, going at 65 (maybe a mile more) Then its just a question of "somebody stepping on the brake".

dj
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