Editing Boltzmann distribution (section)

== In economics ==

The Boltzmann distribution can be introduced to allocate permits in [[emissions trading]].<ref name="Park, J.-W. 2012">Park, J.-W., Kim, C. U. and Isard, W. (2012) Permit allocation in emissions trading using the Boltzmann distribution. Physica A 391: 4883–4890</ref><ref>[http://www.technologyreview.com/view/425051/the-thorny-problem-of-fair-allocation/ The Thorny Problem Of Fair Allocation]. ''Technology Review'' blog. August 17, 2011. Cites and summarizes Park, Kim and Isard (2012).</ref> The new allocation method using the Boltzmann distribution can describe the most probable, natural, and unbiased distribution of emissions permits among multiple countries.

The Boltzmann distribution has the same form as the [[Multinomial logistic regression|multinomial logit]] model. As a [[discrete choice]] model, this is very well known in economics since [[Daniel McFadden]] made the connection to random utility maximization.<ref>{{cite book|ref=none |last=Amemiya |first=Takeshi |chapter=Multinomial Logit Model |title=Advanced Econometrics |year=1985 |publisher=Basil Blackwell |location=Oxford |isbn=0-631-13345-3 |pages=295–299 |chapter-url=https://books.google.com/books?id=0bzGQE14CwEC&pg=PA296 }}</ref>