Econophysics and bio-chemical engineering thermodynamics: The exergetic analysis of a municipality

Umberto Lucia

Physica A: Statistical Mechanics and its Applications, 2016, vol. 462, issue C, 421-430

Abstract: Exergy is a fundamental quantity because it allows us to obtain information on the useful work obtainable in a process. The analyses of irreversibility are important not only in the design and development of the industrial devices, but also in fundamental thermodynamics and in the socio-economic analysis of municipality. Consequently, the link between entropy and exergy is discussed in order to link econophysics to the bio-chemical engineering thermodynamics. Last, this link holds to the fundamental role of fluxes and to the exergy exchanged in the interaction between the system and its environment. The result consists in a thermodynamic approach to the analysis of the unavailability of the economic, productive or social systems. The unavailability is what the system cannot use in relation to its internal processes. This quantity result is interesting also as a support to public manager for economic decisions. Here, the Alessandria Municipality is analyzed in order to highlight the application of the theoretical results.

Keywords: Entropy; Entropy generation; Exergy; Constructal law; Irreversible biochemical engineering thermodynamics; Econophysics (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:462:y:2016:i:c:p:421-430

DOI: 10.1016/j.physa.2016.06.119

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