Arbeitspapier
Eine entropisch-ökonomische Analyse der "Routine"
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.
- Language
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Deutsch
- Bibliographic citation
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Series: AWI Discussion Paper Series ; No. 738
- Classification
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Wirtschaft
History of Economic Thought: Microeconomics
Economic Methodology: Other
Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
Production and Organizations: Other
Economic Methodology
Business Administration: General
Business Economics: General
Energy; Environment
Energy and the Macroeconomy
Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
- Subject
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thermodynamics
decision making
entropy
routine action
micro theory
sustainability
opportunity cost
opportunity revenue
learning curve effect
average cost degression
- Event
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Geistige Schöpfung
- (who)
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Krcal, Hans-Christian
- Event
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Veröffentlichung
- (who)
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University of Heidelberg, Department of Economics
- (where)
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Heidelberg
- (when)
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2023
- DOI
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doi:10.11588/heidok.00034099
- Handle
- URN
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urn:nbn:de:bsz:16-heidok-340996
- Last update
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10.03.2025, 11:45 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Krcal, Hans-Christian
- University of Heidelberg, Department of Economics
Time of origin
- 2023