Finite-Time Approach to Microeconomic and Information Exchange Processes

Finite-time approach allows one to optimize regimes of processes in macrosystems when duration of the processes is restricted. Driving force of the processes is difference of intensive variables: temperatures in thermodynamics, values in economics, etc. In microeconomic systems two counterflow fluxe...

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Main Author:	Serghey A. Amelkin
Format:	Article
Language:	English
Published:	Croatian Interdisciplinary Society 2009-07-01
Series:	Interdisciplinary Description of Complex Systems
Subjects:	finite-time processes information exchange microeconomics
Online Access:	http://indecs.eu/2009/indecs2009-pp8-13.pdf

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spelling	doaj-233703a05ee34174a0e3beda9d4d810b2020-11-24T20:55:13ZengCroatian Interdisciplinary SocietyInterdisciplinary Description of Complex Systems1334-46841334-46762009-07-0171813Finite-Time Approach to Microeconomic and Information Exchange ProcessesSerghey A. AmelkinFinite-time approach allows one to optimize regimes of processes in macrosystems when duration of the processes is restricted. Driving force of the processes is difference of intensive variables: temperatures in thermodynamics, values in economics, etc. In microeconomic systems two counterflow fluxes appear due to the only driving force. They are goods and money fluxes. Another possible case is two fluxes with the same direction. The processes of information exchange can be described by this formalism.http://indecs.eu/2009/indecs2009-pp8-13.pdffinite-time processesinformation exchangemicroeconomics
collection	DOAJ
language	English
format	Article
sources	DOAJ
author	Serghey A. Amelkin
spellingShingle	Serghey A. Amelkin Finite-Time Approach to Microeconomic and Information Exchange Processes Interdisciplinary Description of Complex Systems finite-time processes information exchange microeconomics
author_facet	Serghey A. Amelkin
author_sort	Serghey A. Amelkin
title	Finite-Time Approach to Microeconomic and Information Exchange Processes
title_short	Finite-Time Approach to Microeconomic and Information Exchange Processes
title_full	Finite-Time Approach to Microeconomic and Information Exchange Processes
title_fullStr	Finite-Time Approach to Microeconomic and Information Exchange Processes
title_full_unstemmed	Finite-Time Approach to Microeconomic and Information Exchange Processes
title_sort	finite-time approach to microeconomic and information exchange processes
publisher	Croatian Interdisciplinary Society
series	Interdisciplinary Description of Complex Systems
issn	1334-4684 1334-4676
publishDate	2009-07-01
description	Finite-time approach allows one to optimize regimes of processes in macrosystems when duration of the processes is restricted. Driving force of the processes is difference of intensive variables: temperatures in thermodynamics, values in economics, etc. In microeconomic systems two counterflow fluxes appear due to the only driving force. They are goods and money fluxes. Another possible case is two fluxes with the same direction. The processes of information exchange can be described by this formalism.
topic	finite-time processes information exchange microeconomics
url	http://indecs.eu/2009/indecs2009-pp8-13.pdf
work_keys_str_mv	AT sergheyaamelkin finitetimeapproachtomicroeconomicandinformationexchangeprocesses
_version_	1716792183216930816

Finite-Time Approach to Microeconomic and Information Exchange Processes

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