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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


Full text: english pdf 319 Kb

page 29-42

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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

https://hrcak.srce.hr/76885

Publication date:

29.6.2004.

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