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https://dx.doi.org/10.48550/ar...
Article . 2018
License: arXiv Non-Exclusive Distribution
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Geobiodynamics and Roegenian Economic Systems

Authors: Udriste, Constantin; Ferrara, Massimiliano; Zugravescu, Dorel; Munteanu, Florin; Tevy, Ionel;

Geobiodynamics and Roegenian Economic Systems

Abstract

This mathematical essay brings together ideas from Economics, Geobiodynamics and Thermodynamics. Its purpose is to obtain real models of complex evolutionary systems. More specifically, the essay defines Roegenian Economy and links Geobiodynamics and Roegenian Economy. In this context, we discuss the isomorphism between the concepts and techniques of Thermodynamics and Economics. Then we describe a Roegenian economic system like a Carnot group. After we analyse the phase equilibrium for two heterogeneous economic systems. The European Union Economics appears like Cartesian product of Roegenian economic systems and its Balance is analysed in details. A Section at the end describes the "economic black holes" as small parts of a a global economic system in which national income is so great that it causes others poor enrichment. These ideas can be used to improve our knowledge and understanding of the nature of development and evolution of thermodynamic-economic systems.

Bicentennial of the University Politehnica of Bucharest 1818-2018 Centenary of Romanian Great Union 1818-2018

Keywords

FOS: Economics and business, 80A99, 91B74, 83C57, Quantitative Finance - General Finance, General Finance (q-fin.GN)

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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