Physical energy cost serves as the "invisible hand" governing economic valuation: Direct evidence from biogeochemical data and the U.S. metal market
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- Ayres, Robert U., 1998. "Eco-thermodynamics: economics and the second law," Ecological Economics, Elsevier, vol. 26(2), pages 189-209, August.
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- Kovalev, Andrey V., 2016. "Misuse of thermodynamic entropy in economics," Energy, Elsevier, vol. 100(C), pages 129-136.
- Dale, M. & Krumdieck, S. & Bodger, P., 2012. "Global energy modelling — A biophysical approach (GEMBA) part 1: An overview of biophysical economics," Ecological Economics, Elsevier, vol. 73(C), pages 152-157.
- Michael Dale & Susan Krumdieck & Pat Bodger, 2011. "A Dynamic Function for Energy Return on Investment," Sustainability, MDPI, Open Access Journal, vol. 3(10), pages 1-14, October.
- Dale, M. & Krumdieck, S. & Bodger, P., 2012. "Global energy modelling — A biophysical approach (GEMBA) Part 2: Methodology," Ecological Economics, Elsevier, vol. 73(C), pages 158-167.
- Dale, Michael & Krumdieck, Susan & Bodger, Pat, 2011. "Net energy yield from production of conventional oil," Energy Policy, Elsevier, vol. 39(11), pages 7095-7102.
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KeywordsChemical elements Embodied energy Energy cost Gibbs free energy Invisible hand Value theory Biogeochemical data;
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