IDEAS home Printed from https://ideas.repec.org/p/awi/wpaper/0738.html
   My bibliography  Save this paper

Eine entropisch-ökonomische Analyse der „Routine“

Author

Listed:
  • Krcal, Hans-Christian

Abstract

‘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.

Suggested Citation

  • Krcal, Hans-Christian, 2023. "Eine entropisch-ökonomische Analyse der „Routine“," Working Papers 0738, University of Heidelberg, Department of Economics.
  • Handle: RePEc:awi:wpaper:0738
    Note: This paper is part of http://archiv.ub.uni-heidelberg.de/volltextserver/view/schriftenreihen/sr-3.html
    as

    Download full text from publisher

    File URL: http://nbn-resolving.de/urn/resolver.pl?urn=urn:nbn:de:bsz:16-heidok-340996
    File Function: Frontdoor page on HeiDOK
    Download Restriction: no

    File URL: https://archiv.ub.uni-heidelberg.de/volltextserver/34099/7/Krcal_Entropisch-oekonomische_Analyse_2023.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    thermodynamics; decision making; entropy; routine action; micro theory; sustainability; opportunity cost; opportunity revenue; learning curve effect; average cost degression;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:awi:wpaper:0738. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gabi Rauscher (email available below). General contact details of provider: https://edirc.repec.org/data/awheide.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.