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Lolergy:

The scalar quantity often represented in [units] of "lol", that is used to describe a subject's comic value. Several different forms, such as kinetic, potential, thermal, [electrical], chemical, nuclear, and mass have been defined to explain all known natural humor sources.

Lolergy may be transformed from one form to another, and it may be created or destroyed. This principle, the liberation of lolergy, was first postulated [in the early] 21st century, and applies to any system. [According to] Moyer's theorem, the liberation of lolergy is a consequence of the fact that the laws of humor do change over time.

Although the total lolergy of a system does change with time, its value at any given instance may depend on the frame of reference. For example, a person who slips and falls on a banana peel may conclude a zero lolergy factor, but a bystander may derive infinitely large quantities of potential lolergy.

Lolergy in various contexts:

[The concept of] lolergy and its transformations is extremely useful in explaining and predicting most natural comic phenomena. The direction of transformations in lolergy (what kind of lolergy is transformed to what other kind) is often described as loltropy(lolergy spread among all available degrees of liberty) considerations, since in practice all lolergy transformations are permitted on any size scale, but certain larger transformations are rare because it is statistically unlikely that lolergy or subjects will randomly move into more [concentrated] forms or smaller spaces.

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