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Thermodynamic Model of Capital Extraction in Economic Systems

A.M. Tsirlin
V. Kazakov
N.A. Alimova
A.A. Ahremenkov


Puni tekst: engleski pdf 764 Kb

str. 1-16

preuzimanja: 865

citiraj


Sažetak

In this paper the properties of the wealth function of an economic system are studied. An economic analog of the Gibbs-Duhem equation is derived. Equilibrium states and limiting profit extraction regimes in non-equilibrium economic systems are obtained for the Cobb-Douglas wealth function.

Ključne riječi

nonequilibrium and irreversible thermodynamics; economics; econophysics; financial markets; business and management

Hrčak ID:

708

URI

https://hrcak.srce.hr/708

Datum izdavanja:

3.10.2005.

Posjeta: 1.913 *