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Finite-Time Thermodynamics in Economics

In this paper, we consider optimal trading processes in economic systems. The analysis is based on accounting for irreversibility factors using the wealth function concept. The existence of the welfare function is proved, the concept of capital dissipation is introduced as a measure of the irreversi...

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Detalles Bibliográficos
Autores principales: Tsirlin, Anatoly, Gagarina, Larisa
Formato: Online Artículo Texto
Lenguaje:English
Publicado: MDPI 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7517512/
https://www.ncbi.nlm.nih.gov/pubmed/33286661
http://dx.doi.org/10.3390/e22080891