This is a branch from this question.
With regards eddy currents and terminal velocity I have located a homework question but would appreciate more detail (and translation of the symbols described therein) about the forces at play.
Eddy currents are generated though the resistance of electrons interacting with magnetic fields as they cut across coils and force them downwards.
Since there is resistance it would stand to reason that this would reduce the speed at which a magnet falls - but that there would be an equilibrium whereby further slowing a magnet would reduce the flux generation required to sustain that reduced descent.
So the forces at play include:
- gravity
- mass of the magnet
- coils of the coil (solenoid?)
- air resistance (may be discounted?)
May these be further broken down? Are other variables at play?