Applicability of Newton’s law of cooling in monetary economics

Đurović-Todorović, Jadranka; Tomić, Zoran; Denić, Nebojša; Petković, Dalibor; Kojić, Nenad; Petrović, Jelena; Petković, Biljana

doi:10.1016/j.physa.2017.12.030

Cited by 7 publications

(2 citation statements)

References 8 publications

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“…Besides, NLC is developed initially to explain the waning phenomena in heat transfer mechanisms between an object and its environment [34]. As a foundational physical law, it has found relevance in the decaying processes of social media popularity [35] and the diminishing impact of monetary policy [36]. It's also incorporated into optimization algorithms [37] as a possible decreasing mechanism.…”

Section: Introductionmentioning

confidence: 99%

Quantifying the Waning Effect of Non-pharmaceutical Interventions with Case Study in COVID-19

Cao,

Jin

2024

Preprint

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The multiple pandemics of illnesses like COVID-19 over human history have caused significant threats to public health. To combat such pandemics, stringent control measures, including non-pharmaceutical interventions (NPIs), play a critical role, while their waning effect on containing infectious diseases still requires quantitative and explainable research. Most NPI-related studies represent NPI effect by a steady value or a probability distribution, which often regard the impact of NPI as a fixed process. In reality, the effectiveness of NPI is time-varying and influenced by external factors. An increasing number of studies recognize the phenomenon of NPI's waning effect. To mathematically depict the decreasing process of the NPI effect, an innovative pandemic model called SVEIC-NLC is proposed, taking into account the changing nature of NPI effect. The diminishing effectiveness of NPIs is characterized by a physical law called Newton's Law of Cooling (NLC), representing the first attempt at applying NLC to epidemics. To validate SVEIC-NLC, we conduct experiments using COVID-19 as a case study in Germany, Greece, and the Philippines. The experiments illustrate that the effectiveness of NPI decays over time. Further, SVEIC-NLC is compared with six other cutting-edge methods in predicting cases for three states in the US. These show the necessity of evaluating and incorporating the waning effect of NPI in reasonably preparing a control strategy and containing a disease.

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Section: Introductionmentioning

confidence: 99%

Quantifying the Waning Effect of Non-pharmaceutical Interventions with Case Study in COVID-19

Cao,

Jin

2024

Preprint

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“…The colour scheme can significantly influence the message and overall aesthetic of a design. Hence, it was determined that the improvement of specific attributes, including compressive strength, E-modulus, durability, and accelerated ultimate creep, in addition to the decrease in dead load, were of considerable importance [19]. Significant considerations for the contractor included cost-effective solutions and expedited construction.…”

Section: Introductionmentioning

confidence: 99%

Identification of Critical Factors Influencing Early Age Creep of High Strength Concrete Using Artificial Neural Networks

Abdulateef,

Yousif

2024

MMEP

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A predictive model of unfrozen water content including the influence of pressure

Feng

Liu

2020

Permafrost & Periglacial

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Unfrozen water content has strong control on the permeability, strength and thermal properties of frozen soil. Several techniques have been used to measure unfrozen water content in frozen soil and many models have been developed for its prediction. However, there has been little investigation on the quantitative analysis of the relationship between pressure and unfrozen water content. With the development of artificial ground freezing techniques and deep mining, knowledge of unfrozen water content in frozen soil under high pressure is critical to the stability of the frozen structures. Here, a new predictive model is presented based on the relationship between chemical potential and unfrozen water content and a previous empirical formula. The simulation results are in good agreement with those from laboratory tests. Both the theoretical analysis and the test results indicated that: (a) the pressure applied to frozen soil reduces the freezing point of bulk water and delays the phase change, and (b) unfrozen water content increases with increasing pressure, and at higher pressures the change is greater. The results improve our understanding of the physical and mechanical properties of freezing soil under pressure for artificial ground freezing applications and deep mining engineering.

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Applicability of Newton’s law of cooling in monetary economics

Cited by 7 publications

References 8 publications

Quantifying the Waning Effect of Non-pharmaceutical Interventions with Case Study in COVID-19

Quantifying the Waning Effect of Non-pharmaceutical Interventions with Case Study in COVID-19

Identification of Critical Factors Influencing Early Age Creep of High Strength Concrete Using Artificial Neural Networks

A predictive model of unfrozen water content including the influence of pressure

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