For the high utilization of abundant lignocellulose, which is difficult to directly convert into ethanol, an energy-efficient ethanol production process using acetic acid was examined, and its energy saving performance, economics, and thermodynamic efficiency were compared with the conventional process. The raw ethanol synthesized from acetic acid and hydrogen was fed to the proposed ethanol co...

Traditional environmental and resource economics uses rational choice theory to guide theevaluation of alternative policy options to correct market failure. Behavioral economics,however, has challenged this conventional mindset by showing how people frequently makechoices and state values that deviate from the presumption of rationality, i.e., behavioralfailures. This article ex...

A review of conventional methods of production of hydrogen from fossil fuels is presented. Some advanced and unconventional methods of production of hydrogen based on fossil fuels are also presented. The general characteristics of the feedstocks used to produce hydrogen are first described. This is followed by the chemistry required to generate hydrogen. Then the chemical process operations and...

this paper examines critically the contributions of cournot, jevons and walras as the founders of classical mathematical economics from a methodological standpoint. advances in different economic schools and doctrines in the 19th century produced an environment of multi-dimensionality in economic analysis which was regarded by the pioneers of classical mathematical economists as a chaotic state...

in spite of sonic pessimistic attitudes towards methodology of economics, it has succeeded as a central theme in numerous books, refereed journals, international conferences and symposiums whose volume is increasing at an unprecedented rate. the proliferation of methodological literature also is accompanied by a proliferation of issues that concern: the goals of economics, realism of economics,...

This paper discusses the standard welfare economics assumption anthropocentric welfarism, i.e. that only human well-being counts intrinsically. New survey evidence from a representative sample in Sweden is presented, indicating that anthropocentrism is strongly rejected, on average. However, most people appear to have a consequentialistic ethics, in line with conventional welfare economics. The...

'Extra-welfarism' has received some attention in health economics, yet there is little consensus on what distinguishes it from more conventional 'welfarist economics'. In this paper, we seek to identify the characteristics of each in order to make a systematic comparison of the ways in which they evaluate alternative social states. The focus, though this is not intended to be exclusive, is on h...