Thermodynamics and Economics

dc.creatorJenkins, Alastair D.
dc.date2005-03-12
dc.date.accessioned2026-07-07T03:04:08Z
dc.date.available2026-07-07T03:04:08Z
dc.descriptionThe application of principles of thermodynamics and statistical mechanics to economic systems is considered in a broad historical perspective, extending from prehistoric times to the present day. The hypothesis of maximum entropy production (MEP), which has been used to model complex physical systems such as fluid turbulence and the climate of the Earth and other planets, may be applied to human economic activity, subject to constraints such as the availability of suitable technology, and the nature of political control. Applied to the current abundance of available energy from fossil fuel reserves, MEP is shown to have significant policy implications.
dc.description23 pages, subitted to Ecological Economics, uses elsart.cls, natbib.sty, amssymb.sty, url.sty
dc.identifierhttps://arxiv.org/abs/cond-mat/0503308
dc.identifierhttp://arxiv.org/abs/cond-mat/0503308
dc.identifier.urihttp://salesiana.dossiersoluciones.com/handle/123456789/26022
dc.subjectStatistical Mechanics
dc.subjectPhysics and Society
dc.titleThermodynamics and Economics
dc.typetext

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