EXTROPY AND ECONOMIC VALUE
Katalin Martinas - Gabor Kutrovatz
ELTE (Budapest)
There has been many different attempts to construct economic
value from physical qualities (such as free energy, extropy, or
negentropy). We show that all these attempts are inherently
self-contradictory. Economic value has to be expressed as a bilinear
product V = N * P, where P is the extropy of the product, while
N is the specific economic value of the relevant extropy form.