000252709 001__ 252709
000252709 005__ 20170829135228.0
000252709 037__ $$a1377-2016-109975
000252709 041__ $$aen_US
000252709 084__ $$aO13
000252709 084__ $$aQ40
000252709 084__ $$aD11
000252709 084__ $$aD21
000252709 245__ $$aMind the gap: the economic problem as an interplay among desires, matter, and energy
000252709 260__ $$c2017
000252709 269__ $$a2017
000252709 270__ $$mbnlc@uga.edu$$pLeiva,   Benjamin
000252709 300__ $$a41
000252709 336__ $$aConference Paper/ Presentation
000252709 520__ $$aThere is a rich literature on the economic importance of energy. Yet, little has been achieved to harmonize core economic theory with energetic principles. This paper proposes a theoretical framework that might prove valuable to do so, based on a slight conceptual modification of the neoclassical economic problem. By conceiving its necessary condition not as desires but as gaps between desired and spontaneous states of material reality, an extension of economic imperialism towards the realm of energetics is enabled. When the origin of the economic problem is placed on physical divergences, goods are exposed as specific material configurations that close gaps. And as material rearrangements can only be achieved through energy transferred by prime movers (e.g. workers, horses, engines), such transfers are revealed as the essence of economic activity. Thus, whenever energy and power constrained agents are analyzed, the derivation of optimization procedures follows intuitively: consumer’s constraints are energetic, where economic energies play the role of prices, and firm’s profits are energy surpluses, where prime movers play the role of factors of production. This leads to familiar refutable hypothesis expressed in energy terms. Furthermore, equilibrium is characterized by the schedule of energy assignments that lead to utility maximization, for any set of economic energies and energy contents of goods. Although only autarchic and single-period agents are analyzed, the stage is set to analyze exchanging and multi-period agents, which could allow for a general interpretation of economic fundamentals (e.g. prices, capital) as visible social expressions of invisible energetic dynamics.
000252709 542__ $$fLicense granted by Benjamin Leiva (benleiva@gmail.com) on 2017-01-17T16:16:03Z (GMT):

<p class="ds-paragraph">
By depositing this Content ("Content") in AgEcon Search, I agree that I am 
solely responsible for any consequences of uploading this Content to AgEcon 
Search and making it publicly available, and I represent and warrant that:

I am either the sole creator and the owner of the copyrights and all other 
rights in the Content; or, without obtaining another’s permission, I have the 
right to deposit the Content in an archive such as AgEcon Search.

To the extent that any portions of the Content are not my own creation, they 
are used with the copyright holder’s express permission or as permitted by law.
 Additionally, the Content does not infringe the copyrights or other 
intellectual property rights of another, nor does the Content violate any 
laws or another’s rights of privacy or publicity.

The Content contains no restricted, private, confidential, or otherwise 
protected data or information that should not be publicly shared.

I understand that AgEcon Search will do its best to provide perpetual access
 to my Content. In order to support these efforts, I grant the Regents of the
 University of Minnesota ("University"), through AgEcon Search, the following
 non-exclusive, irrevocable, royalty-free, world-wide rights and licenses:

to access, reproduce, distribute and publicly display the Content, in whole
 or in part, in order to secure, preserve and make it publicly available, and

to make derivative works based upon the Content in order to migrate the
 Content to other media or formats, or to preserve its public access.

These terms do not transfer ownership of the copyright(s) in the Content.
 These terms only grant to the University the limited license outlined above.

000252709 650__ $$aResource /Energy Economics and Policy
000252709 6531_ $$aDesires
000252709 6531_ $$amatter
000252709 6531_ $$aenergy
000252709 6531_ $$aprime movers
000252709 700__ $$aLeiva, Benjamin
000252709 773__ $$d2017$$o41$$q4
000252709 8564_ $$s1215710$$uhttp://ageconsearch.umn.edu/record/252709/files/SAEA2017Mind%20the%20Gap.pdf
000252709 8564_ $$s2999$$uhttp://ageconsearch.umn.edu/record/252709/files/SAEA2017Mind%20the%20Gap.gif?subformat=icon$$xicon
000252709 8564_ $$s30385$$uhttp://ageconsearch.umn.edu/record/252709/files/SAEA2017Mind%20the%20Gap.jpg?subformat=icon-700$$xicon-700
000252709 8564_ $$s3318$$uhttp://ageconsearch.umn.edu/record/252709/files/SAEA2017Mind%20the%20Gap.jpg?subformat=icon-180$$xicon-180
000252709 887__ $$ahttp://purl.umn.edu/252709
000252709 909CO $$ooai:ageconsearch.umn.edu:252709$$qGLOBAL_SET
000252709 912__ $$nSubmitted by Benjamin Leiva (benleiva@gmail.com) on 2017-01-17T16:31:59Z
No. of bitstreams: 2
Online Appendix.docx: 331026 bytes, checksum: 2643fb35d6f009d00edacd9568bd68a6 (MD5)
Mind the Gap.docx: 295631 bytes, checksum: 3dba0a64ae8dd9ea34f0e09a9bfa7ea9 (MD5)
000252709 912__ $$nMade available in DSpace on 2017-01-17T16:31:59Z (GMT). No. of bitstreams: 2
Online Appendix.docx: 331026 bytes, checksum: 2643fb35d6f009d00edacd9568bd68a6 (MD5)
Mind the Gap.docx: 295631 bytes, checksum: 3dba0a64ae8dd9ea34f0e09a9bfa7ea9 (MD5)
  Previous issue date: 2017
000252709 982__ $$gSouthern Agricultural Economics Association>2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama
000252709 980__ $$a1377