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
Deutsch

Bibliographic citation
Series: AWI Discussion Paper Series ; No. 738

Classification
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
thermodynamics
decision making
entropy
routine action
micro theory
sustainability
opportunity cost
opportunity revenue
learning curve effect
average cost degression

Event
Geistige Schöpfung
(who)
Krcal, Hans-Christian
Event
Veröffentlichung
(who)
University of Heidelberg, Department of Economics
(where)
Heidelberg
(when)
2023

DOI
doi:10.11588/heidok.00034099
Handle
URN
urn:nbn:de:bsz:16-heidok-340996
Last update
10.03.2025, 11:45 AM CET

Data provider

This object is provided by:
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

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