## Stocks and Planck's Law

**Authors:** Constantinos Ragazas

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.

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

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### Submission history

[v1] 30 Jan 2010

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