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The role of temperature in economic exchange : an empirical analysis

Dimitrijević, Bojan; Lovre, Ivan - In: Journal of central banking theory and practice 4 (2015) 3, pp. 65-89

Persistent link: https://www.econbiz.de/10011373218

Irreversible processes: The generalized affinities within Tsallis statistics

Chame, Anna - In: Physica A: Statistical Mechanics and its Applications 255 (1998) 3, pp. 423-429

(the quantities which drive a process in the theory of irreversible thermodynamics) was derived. The affinities were … the framework of the generalized thermodynamics is consistently recovered: as in the usual case, two systems which are in …

Persistent link: https://www.econbiz.de/10010599511

Ensemble and trajectory thermodynamics: A brief introduction

Van den Broeck, C.; Esposito, M. - In: Physica A: Statistical Mechanics and its Applications 418 (2015) C, pp. 6-16

We revisit stochastic thermodynamics for a system with discrete energy states in contact with a heat and particle …

Persistent link: https://www.econbiz.de/10011077834

An entropy generation metric for non-energy systems assessments

Sekulic, Dusan P. - In: Energy 34 (2009) 5, pp. 587-592

Processes in non-energy systems have not been as frequent a subject of sustainability studies based on Thermodynamics …

Persistent link: https://www.econbiz.de/10010811942

An entropic analysis of approximate quantum error correction

Cafaro, Carlo; van Loock, Peter - In: Physica A: Statistical Mechanics and its Applications 404 (2014) C, pp. 34-46

The concept of entropy and the correct application of the Second Law of thermodynamics are essential in order to …

Persistent link: https://www.econbiz.de/10010931547

Entropy changes in a thermodynamic process under potential gradients

Sinha, Dhiraj - In: Physica A: Statistical Mechanics and its Applications 416 (2014) C, pp. 676-683

Thermal energy applied to particles in conservative vector fields results in an increase in the potential and kinetic energy causing an increase in entropy. However, conservative fields associated with potential energy gradients of the system act in opposition to the kinetic energy gradients...

Persistent link: https://www.econbiz.de/10010939920

microeconomics of achieving and sustaining supernormal returns- Information Theoretic Approach Revised Nov 28, 2005

george, michael - EconWPA - 2005

This paper develops a set of management and production criteria needed to be used in order to maximize profits and shareholder values. If these criteria are achieved, the firm may achieve and sustain “supernormal” profits and revenue growth. The criteria developed here are all related to the...

Persistent link: https://www.econbiz.de/10005077084

Temporal and thermodynamic irreversibility in production theory

Baumgärtner, Stefan - In: Economic Theory 26 (2005) 3, pp. 725-728

The two notions of temporal and thermodynamic irreversibility are distinguished. It is shown that the irreversibility concept of Arrow-Debreu, while establishing temporal irreversibility, does not encompass thermodynamic irreversibility. This means, the standard irreversibility concept of...

Persistent link: https://www.econbiz.de/10005596756

Thermodynamik - Grundlegende Einsichten für ein Verständnis von Umweltproblemen

Faber, Malte; Rudolf, Marco; Frick, Marc; Becker, Mi-Yong - 2023

primarily with energy is called thermodynamics. The study of thermodynamics yields the central link between economic activity … and its environmental impact. Understanding basic insights of thermodynamics enables decision-makers in environmental … connection between physical work and heat. Then we explain the two main Laws of Thermodynamics and go into detail about the …

Persistent link: https://www.econbiz.de/10014374449

Economics, entropy and the environment : the extraordinary economics of Nicholas Georgesçu-Roegen

Beard, Thomas Randolph; Lozada, Gabriel A. - 2000

Persistent link: https://www.econbiz.de/10001421110