EconPapers    
Economics at your fingertips  
 

The evolutionary approach to entropy: Reconciling Georgescu-Roegen's natural philosophy with the maximum entropy framework

Carsten Herrmann-Pillath

Ecological Economics, 2011, vol. 70, issue 4, 606-616

Abstract: The paper explores the relevance of recent developments in the Maximum Entropy hypothesis for reinstating Georgescu-Roegen's natural philosophy, with special emphasis on the concepts of evolution and time. The key point is the naturalization of the notion of 'subjectivity' in both the Georgescu-Roegen framework and Jaynes's subjectivistic interpretation of thermodynamics and statistical mechanics. I introduce the concept of 'observer relativity' with reference to the evolution of 'physical inference devices'. Then, the MaxEnt formalism can be understood as a principle underlying natural selection. Further, given natural selection, maximum entropy production (MEP) results from the confluence of maximum power (Lotka) and the maximization of information capacity, driven by energy dispersal. In these processes, hierarchical structures of gradients of energy dissipation reflect alternative positions of system boundaries, and hence different perspectives of observer-relativity. Thus, I can distinguish between observer relative EntropyOR and observer independent EntropyOI. This allows to reconstruct conceptually the two notions of time proposed by Georgescu-Roegen, with subjectivistic time seen as time relative to the evolutionary process involving incommensurable qualitative change. I claim that this philosophical view offers a powerful conceptual framework for recent empirical research into the energetics of economic growth.

Keywords: Georgescu-Roegen; Jaynes; Lotka; Maximum; entropy; Observer; relativity; Time; Natural; selection; Physical; concepts; of; information (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0921-8009(10)00474-X
Full text for ScienceDirect subscribers only

Related works:
Working Paper: The evolutionary approach to entropy: Reconciling Georgescu-Roegen's natural philosophy with the maximum entropy framework (2010) Downloads
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:eee:ecolec:v:70:y:2011:i:4:p:606-616

Access Statistics for this article

Ecological Economics is currently edited by C. J. Cleveland

More articles in Ecological Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-31
Handle: RePEc:eee:ecolec:v:70:y:2011:i:4:p:606-616