Thermodynamics as a Substantive and Formal Theory for the Analysis of Economic and Biological Systems

Sousa, T. 2007 Thermodynamics as a Substantive and Formal Theory for the Analysis of Economic and Biological Systems. PhD-thesis, Vrije Universiteit, Amsterdam (2007/02/07) & Technical University of Lisbon (2007/02/07)
Nederlandse versie

Abstract

In this dissertation, we use thermodynamic theory to analyse biological and economic systems, according to two methodological approaches. The substantive integration is a methodological approach that consists of making two different fields physically compatible either by reformulating current theories or by building up new theory. Thermodynamics must be compatible with the theories that explain and describe economic and biological systems because thermodynamic laws impose constraints on mass, energy and entropy flows. A formal analogy is a methodological approach that consists of the development of an isomorphism between the mathematical formalisms of different fields. Thermodynamics has a solid mathematical formal structure that describes equilibrium, non-equilibrium and self-organized systems that should be common to thermodynamics, biological and economic systems. In this dissertation, we concentrate on the substantive integration between non-equilibrium thermodynamics and biological systems described by the Dynamic Energy Budget (DEB) theory and on the formal analogy between equilibrium thermodynamics and economic systems described by the neoclassical economic theory. We also build a more systematic description of DEB theory as an intermediate step to a future substantive integration between thermodynamics, economics and biology.

Keywords: Thermodynamics, Formal Analogy, Substantive Integration, Dynamic Energy Budget Theory and Neoclassical Microeconomics

Full text in pdf format

This symposium concludes my project


Tânia's project page