We show the effects of uncertainty, ecological and economic irreversibility, and endogenous learning on land preservation decisions for species conservation. We compare the optimal decisions of three types of decision makers: an experimenting decision maker who recognizes the endogeneity of information, a real options decision maker who ignores the endogeneity but recognizes the future availabi...

This communication presents finite time thermodynamic optimization of irreversible cascaded refrigeration and heat pump cycles having source/sink thermal reservoirs of finite heat capacitance. A general expression for the optimum coefficient of performance of the refrigerator/heat pump is derived at minimum power input and given cooling/heating load conditions, respectively. External irreversib...

The fluidisation phenomenon is best explained by the balance of short and long range forces evaluated in a given powder assembly. The long range body forces include gravity, solid friction, buoyancy, interstitial fluid drag to include both the viscous (skin) friction and the form drag. The short-range forces, also known as particle surface-active forces can be due to physical (e.g. van der Waal...

In this paper we present an incremental formulation of the phase field model for a fluid filled crack in a poroelastic medium. The mathematical model represents a linear elasticity system with fading elastic moduli as the crack grows that is coupled with an elliptic variational inequality for the phase field variable. The convex constraint of the variational inequality assures the irreversibili...

  Micro scale gas flows has attracted significant research interest in the last two decades. In this research, the fluid flow of gases in the stepped micro-channel at a wide range of Knudsen number has been analyzed with using the Lattice Boltzmann (MRT) method. In the model, a modified second-order slip boundary condition and a Bosanquet-type effective viscosity are used to consider the veloci...

The relation between macroscopic irreversibility and microscopic reversibility is a present unsolved problem. Constructal law is introduced to develop analytically the Einstein's, Schrödinger's, and Gibbs' considerations on the interaction between particles and thermal radiation (photons). The result leads to consider the atoms and molecules as open systems in continuous interaction with flows ...

The present work investigates numerically the inherent irreversibility in a steady flow of a couple stress fluid through a vertical channel packed with saturated porous substances. The First and Second Laws of Thermodynamics are applied to analyze the problem. The nonlinear governing equations in Cartesian coordinates are obtained and solved numerically using shooting methods together with a Ru...