Energy's place in economic theory

Energy has no place in economic theory despite that (i) goods are material rearrangements and (ii) humans can only rearrange matter with energy transfers. These principles can be implemented by modifying conventional neoclassical consumer and producer problems. The point of departure is the statemen...

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Detalles Bibliográficos
Autor: Leiva, Benjamin
Tipo de recurso: tesis doctoral
Estado:Versión publicada
Fecha de publicación:2019
País:Chile
OAI Identifier:oai:repositorio.anid.cl:10533/235103
Acceso en línea:https://hdl.handle.net/10533/235103
Access Level:acceso abierto
Palabra clave:Ciencias Sociales
Economía y Negocios
Economía
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dc.title.es_CL.fl_str_mv Energy's place in economic theory
title Energy's place in economic theory
spellingShingle Energy's place in economic theory
Leiva, Benjamin
Ciencias Sociales
Economía y Negocios
Economía
title_short Energy's place in economic theory
title_full Energy's place in economic theory
title_fullStr Energy's place in economic theory
title_full_unstemmed Energy's place in economic theory
title_sort Energy's place in economic theory
dc.creator.none.fl_str_mv Leiva, Benjamin
author Leiva, Benjamin
author_facet Leiva, Benjamin
author_role author
dc.contributor.advisor.none.fl_str_mv Ramirez, Octavio
Schramski, John
Mullen, Jeffrey
Colson, Greg
Landry, Craig
dc.contributor.institution.es_CL.fl_str_mv UNIVERSITY OF GEORGIA
dc.subject.oecd1n.es_CL.fl_str_mv Ciencias Sociales
topic Ciencias Sociales
Economía y Negocios
Economía
dc.subject.oecd2n.es_CL.fl_str_mv Economía y Negocios
dc.subject.oecd3n.es_CL.fl_str_mv Economía
description Energy has no place in economic theory despite that (i) goods are material rearrangements and (ii) humans can only rearrange matter with energy transfers. These principles can be implemented by modifying conventional neoclassical consumer and producer problems. The point of departure is the statement of an autarkic consumer's energy budget constraint, which implies that Pareto Efficiency requires energy surplus maximization and energy transfer minimization. The resolution of these problems provides insights into the role of energy in economic growth, price formation, the importance and limits of efficiency, and other economic phenomena. This approach broadens the understanding of economics, reconciles economics with natural sciences, interprets previous results relating energy and economics, and provides a basis for a general reinterpretation of economics as the interplay between human desires and thermodynamic processes.
publishDate 2019
dc.date.accessioned.none.fl_str_mv 2019-04-25T16:26:42Z
2022-08-16T16:44:50Z
dc.date.available.none.fl_str_mv 2019-04-25T16:26:42Z
2022-08-16T16:44:50Z
dc.date.issued.es_CL.fl_str_mv 2019
dc.type.none.fl_str_mv Tesis Doctorado
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spelling UNIVERSITY OF GEORGIALeiva, Benjamin2019https://hdl.handle.net/10533/235103http://purl.org/coar/access_right/c_abf2EconomíaEconomía y NegociosCiencias SocialesEnergy's place in economic theoryRamirez, OctavioSchramski, JohnMullen, JeffreyColson, GregLandry, CraigUNIVERSITY OF GEORGIAEstados UnidosLeiva, Benjamin2019-04-25T16:26:42Z2022-08-16T16:44:50Z2019-04-25T16:26:42Z2022-08-16T16:44:50Z2019Energy has no place in economic theory despite that (i) goods are material rearrangements and (ii) humans can only rearrange matter with energy transfers. These principles can be implemented by modifying conventional neoclassical consumer and producer problems. The point of departure is the statement of an autarkic consumer's energy budget constraint, which implies that Pareto Efficiency requires energy surplus maximization and energy transfer minimization. The resolution of these problems provides insights into the role of energy in economic growth, price formation, the importance and limits of efficiency, and other economic phenomena. 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