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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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Détails bibliographiques
Publié dans:Entropy (Basel)
Auteurs principaux: Tsirlin, Anatoly, Gagarina, Larisa
Format: Artigo
Langue:Inglês
Publié: MDPI 2020
Sujets:
Accès en ligne:https://ncbi.nlm.nih.gov/pmc/articles/PMC7517512/
https://ncbi.nlm.nih.gov/pubmed/33286661
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.3390/e22080891
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