Eine entropisch-ökonomische Analyse der „Routine“

Hans-Christian Krcal

No 738, Working Papers from University of Heidelberg, Department of Economics

Abstract: ‘Routine action’, a form to take action, is widely accepted in the economic field, because of its resource saving effect which contributes to average cost degression. However, from an entropic point of view, each form of acting requires decision making in regard to consumption of resources and causes entropic effects. Therefore, any kind of mechanistic resource management has to be avoided, even for routine action, when well-balanced economic-entropic actions, as to call them sustainable, are the objective. The paper shows how entropic and economic advantages and disadvantages of routine action can be brought together in a ratio to measure its sustainability’s relevance.

Keywords: thermodynamics; decision making; entropy; routine action; micro theory; sustainability; opportunity cost; opportunity revenue; learning curve effect; average cost degression (search for similar items in EconPapers)
Date: 2023-12-05
New Economics Papers: this item is included in nep-env and nep-ger
Note: This paper is part of http://archiv.ub.uni-heidelberg.de/volltextserver/view/schriftenreihen/sr-3.html
References: Add references at CitEc
Citations:

Downloads: (external link)
https://nbn-resolving.de/urn:nbn:de:bsz:16-heidok-340996 Frontdoor page on HeiDOK (text/html)
https://archiv.ub.uni-heidelberg.de/volltextserver ... che_Analyse_2023.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:awi:wpaper:0738

Access Statistics for this paper

More papers in Working Papers from University of Heidelberg, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Gabi Rauscher ( this e-mail address is bad, please contact ).