Bøger af Gunter Stephan

Capital theory is a cornerstone of modern economics. Its ideas are fundamental for dynamic equilibrium theory and its concepts are applied in many branches of economics like game theory, resource and environmental economics, although this may not be recognized on a first glance.

Analyzes the aspects of environmental protection and the use of resources within a planning model. Explaining concepts of thermodynamics, this book employs the relationships between entropy, energy necessary for the extraction of a resource and the concentration of resource to establish a connection between the economic system and the environment.