Dissipation and Conditions of Equilibrium for an Open Microeconomic System
2001 ◽
Vol 08
(02)
◽
pp. 157-168
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Keyword(s):
An analogy between microeconomic and irreversible thermodynamic systems is shown. The concepts of economic irreversibility, dissipation of capital are introduced and conditions of minimal dissipation are obtained. Problems of optimal control of prices in the processes of resources exchange are solved and the extremal principle for the determination of stationary state of an open microeconomic system is formulated.
2005 ◽
Vol 41
(12)
◽
pp. 2893-2908
◽
2018 ◽
Vol 56
◽
pp. 83-96
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Keyword(s):
Keyword(s):
2012 ◽
Vol 77
(1)
◽
pp. 95-104
◽
2009 ◽
Vol 49
(1)
◽
pp. 47-70
◽
Keyword(s):