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Entropy, economics, and policy

Entropie, Wirtschaft und Politik
[working paper]

Ruth, Matthias

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Further Details
Corporate Editor Universität Bremen, Forschungszentrum Nachhaltigkeit (artec)
Abstract "The laws of thermodynamics constrain transformation of materials and energy, and thus have implications for material and energy use in the economy, for environmental impact, and for policy. This paper provides an overview over the applications of concepts from thermodynamics in economics at the level of individual processes and explores potential constraints at larger system levels - the economy as a whole and the ecosystems within which economies are embedded. Specific emphasis is placed on the ways in which insights from thermodynamics are used to inform economic and policy decision making." (author's abstract)
Keywords ecology; ecological system; entropy; economy; economic policy; environmental policy; politics; decision making; energy; political decision; process
Classification Ecology, Environment
Method descriptive study
Document language English
Publication Year 2007
City Bremen
Page/Pages 19 p.
Series artec-paper, 140
Licence Deposit Licence - No Redistribution, No Modifications
data provider This metadata entry was indexed by the Special Subject Collection Social Sciences, USB Cologne