Optimal Processes in Irreversible Thermodynamics and MicroeconomicsReport as inadecuate

Optimal Processes in Irreversible Thermodynamics and Microeconomics - Download this document for free, or read online. Document in PDF available to download.

Interdisciplinary Description of Complex Systems : INDECS, Vol.2 No.1 June 2004. -

This paper describes general methodology that allows one to extend Carnot efficiency of classical thermodynamic for zero rate processes onto thermodynamic systems with finite rate. We define the class of minimal dissipation processes and show that it represents generalization of reversible processes and determines the limiting possibilities of finite rate

systems. The described methodology is then applied to microeconomic exchange systems yielding novel estimates of limiting efficiencies for such systems.

finite-time thermodynamics; minimal dissipation process; optimal exchange processes in microeconomics

Author: Anatoly Tsirlin - ; Program System Institute, Russian Academy of Science, Pereslavl-Zalleskij Vladimir Kazakov - ; Program System

Source: http://hrcak.srce.hr/


Related documents