A NEW APPROACH TO MATHEMATICAL ECONOMICS - ON ITS STRUCTURE AS A HOMOMORPHISM OF GIBBS-FALKIAN THERMODYNAMICS

被引:1
|
作者
LAUSTER, M
HOHER, K
STRAUB, D
机构
[1] Department of Economics, University of the German Armed Forces Munich
关键词
D O I
10.1006/jmaa.1995.1266
中图分类号
O29 [应用数学];
学科分类号
070104 ;
摘要
A homomorphism between the theories of thermodynamics and economics is introduced. By means of Gibbs-Falkian thermodynamics it is shown that a systems theory can be set up including economic equations of state, as well as a concise notion of equilibirum. Indicating strict separations with respect to dynamics in economics, commonly used at present, and adopting the physico-dynamical concepts of energy, motion, and momentum, connections between the economic phase space and the related space of events are established. (C) 1995 Academic Press, Inc.
引用
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页码:772 / 794
页数:23
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