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Exploring Applications of Irreversibility [PDF]

open access: yesJournal for Peace and Nuclear Disarmament
This is the third and final special issue in this series that engages with the concept of nuclear disarmament irreversibility. The first special issue provided a comprehensive overview of irreversibility, establishing a conceptual foundation for this ...
Hassan Elbahtimy
doaj   +9 more sources

Gradualism and Irreversibility [PDF]

open access: yesReview of Economic Studies, 1999
The authors study the following model of a two-person non-zero-sum dynamic game \(\Gamma\): There are two players \(i=1,2\). In each period \(t=0,1,\dots\), both players \(i=1,2\) simultaneously choose an action \(c_{i,t} \in \mathbb{R}_{+}\), measuring \(i\)'s level of cooperation. The one step payoffs in period \(t\) to players 1 and 2 are \(\pi(c_{1,
Ben Lockwood, Jonathan P. Thomas
openaire   +4 more sources

The “footprints” of irreversibility [PDF]

open access: yesEPL (Europhysics Letters), 2008
We reformulate the result for the entropy production given in Phys. Rev. Lett. 98, 080602 (2007) in terms of the relative entropy of microscopic trajectories. By a combination with the Crook's theorem, we identify the path variables that are sufficient to fully identify irreversibility.
Gomez-Marin, A.   +2 more
openaire   +3 more sources

On Irreversible Investment [PDF]

open access: yesSSRN Electronic Journal, 2006
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Riedel, Frank, Su, Xia
openaire   +4 more sources

Real options approach: Case study applied to a nursery to produce Eucalyptus forest seedlings in Brazil

open access: yesForest Systems, 2022
Aim of study: We checked if an infrastructure investment project for a nursery to produce Eucalyptus forest seedlings using the real options approach was economically viable, in order to verify the influence of the deferral, expansion and abandonment ...
Jorge C. Martins   +3 more
doaj   +1 more source

Epistasis between cultural traits causes paradigm shifts in cultural evolution [PDF]

open access: yesRoyal Society Open Science, 2020
Every now and then the cultural paradigm of a society changes. While current models of cultural shifts usually require a major exogenous or endogenous change, we propose that the mechanism underlying many paradigm shifts may just be an emergent feature ...
Ignacio Pascual   +3 more
doaj   +1 more source

The Origins of Irreversibility [PDF]

open access: yesInternational Journal of Ecodynamics, 2007
This article is a theoretical contribution dedicated to Boltzmann's theorem revisited in light of the studies of Mario Ageno, late professor of Physics at the University of Rome (La Sapienza), who showed an interesting new point of view on probability and uncertainty in his book The Origins of Irreversibility.
Tiezzi, E., Marchettini, N.
openaire   +3 more sources

Hidden Dissipation and Irreversibility in Maxwell’s Demon

open access: yesEntropy, 2022
Maxwell’s demon is an entity in a 150-year-old thought experiment that paradoxically appears to violate the second law of thermodynamics by reducing entropy without doing work.
Paul W. Fontana
doaj   +1 more source

EPR, time, irreversibility and causality [PDF]

open access: yes, 2022
Causality is the relationship between causes and effects. Following Relativity, any cause of an event must always be in the past light cone of the event itself, but causes and effect must always be related to some interactions.
Giulia, Grisolia, Umberto, Lucia
core   +1 more source

The Irreversibility Premium [PDF]

open access: yesSSRN Electronic Journal, 2008
Abstract When investment is irreversible, theory suggests that firms will be “reluctant to invest.” This reluctance creates a wedge between the discount rate guiding investment decisions and the standard Jorgensonian user cost (adjusted for risk). We use the intertemporal tradeoff between benefits and costs of changing the capital stock to estimate ...
Robert S. Chirinko, Huntley Schaller
openaire   +3 more sources

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