Thermodynamic laws, economic methods and the productive power of energy

DOI10.1515/JNETDY.2010.009zbMath1213.91124OpenAlexW2040555074MaRDI QIDQ537313

Robert U. Ayres, Reiner Kümmel, Dietmar Lindenberger

Publication date: 19 May 2011

Published in: Journal of Non-Equilibrium Thermodynamics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1515/jnetdy.2010.009

Mathematics Subject Classification ID

Applications of statistical and quantum mechanics to economics (econophysics) (91B80) Auctions, bargaining, bidding and selling, and other market models (91B26) Optimization problems in thermodynamics and heat transfer (80M50)

Cites Work

• Cointegration of output, capital, labor, and energy
• Service production functions
• A geometric view of welfare gains with non-instantaneous adjustment
• Utility maximization under capital growth constraints
• Extremal principles and the limiting capabilities of open thermodynamic and economic macrosystems
• Technical progress and energy dependent production functions
• Irreversibility and Generalized Noise

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