A theory of resource allocation is emerging from the science of nonequilibrium thermodynamics (NET). The deterministic and reductionist version of NET (DARNET), like neoclassical economics, is functionally simple; however, unlike neoclassical economics, it invites structural complexities. Some of these complexities are behaviourial (e.g., nonrational behaviour and ethics) and are implied by the human evolutionary paradigm subsumed within DARNET; other complexities are physical (e.g., environmental degradation) and are implied directly from core propositions of DARNET. The case for a paradigm shift to DARNET is presented.
PAGES
332 – 345
DOI
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Issues
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Ryan Jenkins, David Černý and Tomáš Hříbek (eds) Autonomous Vehicle Ethics: The Trolley Problem and Beyond
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As open as possible, but as closed as necessary: openness in innovation policy
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Turning sportswashing against sportswashers: an unconventional perspective
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State secrets and compromises with capitalism: Lev Theremin and regimes of intellectual property
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In search of an author
UNINVITED GUESTS: A THERMODYNAMIC APPROACH TO RESOURCE ALLOCATION
Original Articles
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