Temporal and thermodynamic irreversibility in production theory
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
Authors
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 production theory is too weak to be in full accordance with the laws of nature.
| Originalsprache | Englisch |
|---|---|
| Zeitschrift | Economic Theory |
| Jahrgang | 26 |
| Ausgabenummer | 3 |
| Seiten (von - bis) | 725-728 |
| Anzahl der Seiten | 4 |
| ISSN | 0938-2259 |
| DOIs | |
| Publikationsstatus | Erschienen - 01.10.2005 |
| Extern publiziert | Ja |
- Wirtschaftswissenschaften für Nachhaltigkeit - irreversibility, production, thermodynamics
- Volkswirtschaftslehre - irreversibility, production, thermodynamics