Entropic Approach to Critical Materials Assessment

Alan J. Hurd

Papers from arXiv.org

Abstract: Most methodologies for materials criticality assessment score supply risk and societal importance. Market-based criteria offer quantitative measures for assessment. Here we develop a statistical approach based on a geologic entropy function in which flexible constraints, such as economic, national security related, or regulatory, can be applied. As an example, the formulation describes the relation between elemental price and crustal abundance for selected elements, both important to supply risk. The method may be applicable to parameters resulting from collective decisions exhibiting a highly peaked probability distribution.

Date: 2026-01
New Economics Papers: this item is included in nep-min
References: Add references at CitEc
Citations:

Downloads: (external link)
http://arxiv.org/pdf/2601.09827 Latest version (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:arx:papers:2601.09827

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().