A Biophysical Approach to Production Theory

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dc.creatorChen, Jing
dc.creatorGalbraith, James K.
dc.date2009-01-19
dc.date.accessioned2026-07-07T12:32:05Z
dc.date.available2026-07-07T12:32:05Z
dc.descriptionMost people agree that human activities are consistent with physical laws. One may naturally think that sensible economic theories can be derived from physical laws and evolutionary principles. This is indeed the case. In this paper, we present a newly developed production theory of economics from biophysical principles. The theory is a compact analytical model that provides, in our view, a much more realistic understanding of economic (as well as social and biological) phenomena than the neoclassical theory of production.
dc.identifierhttps://arxiv.org/abs/0901.2946
dc.identifierhttp://arxiv.org/abs/0901.2946
dc.identifier.urihttp://salesiana.dossiersoluciones.com/handle/123456789/216666
dc.subjectPhysics and Society
dc.titleA Biophysical Approach to Production Theory
dc.typetext

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