INDECS, Vol. 2 No. 1, 2004.
Original scientific paper
Optimal Processes in Irreversible Thermodynamics and Microeconomics
Anatoly Tsirlin
; Program System Institute, Russian Academy of Science, Pereslavl-Zalleskij
Vladimir Kazakov
; Program System Institute, Russian Academy of Science, Pereslavl-Zalleskij
Abstract
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.
Keywords
finite-time thermodynamics; minimal dissipation process; optimal exchange processes in microeconomics
Hrčak ID:
76885
URI
Publication date:
29.6.2004.
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