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Temporal and thermodynamic irreversibility in production theory

Research output: Journal contributions › Journal articles › Research › peer-review

Standard

Temporal and thermodynamic irreversibility in production theory. / Baumgärtner, Stefan.
In: Economic Theory, Vol. 26, No. 3, 01.10.2005, p. 725-728.

Research output: Journal contributions › Journal articles › Research › peer-review

Harvard

Baumgärtner, S 2005, 'Temporal and thermodynamic irreversibility in production theory', Economic Theory, vol. 26, no. 3, pp. 725-728. https://doi.org/10.1007/s00199-004-0525-1

APA

Baumgärtner, S. (2005). Temporal and thermodynamic irreversibility in production theory. Economic Theory, 26(3), 725-728. https://doi.org/10.1007/s00199-004-0525-1

Vancouver

Baumgärtner S. Temporal and thermodynamic irreversibility in production theory. Economic Theory. 2005 Oct 1;26(3):725-728. doi: 10.1007/s00199-004-0525-1

Bibtex

@article{3bb1093024c042b9a7d75c5ee9fc862f,
title = "Temporal and thermodynamic irreversibility in production theory",
abstract = "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.",
keywords = "Sustainability sciences, Management & Economics, irreversibility, production, thermodynamics, Economics, irreversibility, production, thermodynamics",
author = "Stefan Baumg{\"a}rtner",
year = "2005",
month = oct,
day = "1",
doi = "10.1007/s00199-004-0525-1",
language = "English",
volume = "26",
pages = "725--728",
journal = "Economic Theory",
issn = "0938-2259",
publisher = "Springer New York",
number = "3",

}

RIS

TY - JOUR

T1 - Temporal and thermodynamic irreversibility in production theory

AU - Baumgärtner, Stefan

PY - 2005/10/1

Y1 - 2005/10/1

N2 - 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.

AB - 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.

KW - Sustainability sciences, Management & Economics

KW - irreversibility

KW - production

KW - thermodynamics

KW - Economics

KW - irreversibility

KW - production

KW - thermodynamics

UR - http://www.scopus.com/inward/record.url?scp=22044458295&partnerID=8YFLogxK

UR - https://www.mendeley.com/catalogue/18a980bc-7dc6-3901-8063-6ab7496d9663/

U2 - 10.1007/s00199-004-0525-1

DO - 10.1007/s00199-004-0525-1

M3 - Journal articles

VL - 26

SP - 725

EP - 728

JO - Economic Theory

JF - Economic Theory

SN - 0938-2259

IS - 3

ER -

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Research output: Journal contributions › Journal articles › Research › peer-review

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