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Resource Recovery and the Sherwood Plot
Georgios Karakatsanis1,2, Christos Makropoulos2
1Department of Research, EVOTROPIA Ecological Finance Architectures Private Company (P.C.), 190 Syngrou Avenue, 17671 Kallithea, Greece.
Entropy (Basel, Switzerland)
|January 21, 2023
Summary
The Sherwood Plot (SP) framework reveals the inverse relationship between recovery cost and material dilution in waste. This analysis integrates biophysical and economic factors to assess resource recovery performance and market formation.
Area of Science:
- Biophysical and Economic Analysis
- Resource Recovery and Circular Economy
Background:
- The Sherwood Plot (SP) theoretically links recovery cost to the dilution of target materials in waste matrices.
- Existing frameworks lack a unified approach to analyze the biophysical and economic aspects of resource recovery.
Purpose of the Study:
- To analyze the biophysical and economic foundations of the Sherwood Plot (SP).
- To establish the SP as a framework for measuring resource recovery performance.
- To explore epistemological extensions of the SP for market analysis.
Main Methods:
- Analysis of the Sherwood Plot's physical properties and economic extensions.
- Econometric testing using deterministic and stochastic data for polyphenol recovery.
- Development of a generalized SP function integrating Entropy, Dilution, and Recovery Cost.
Main Results:
- Substantiated the relationship between Entropy, Dilution, and Recovery Cost.
- Validated the SP framework with real-world data from polyphenol recovery.
- Demonstrated the SP's utility in revealing industry cost structures and market formation.
Conclusions:
- The SP provides a scientifically consistent and economically coherent framework for resource recovery.
- The SP can be extended to analyze cost structures, market formation, and industry concentration.
- This work integrates theoretical insights with empirical evidence for advanced waste valorization strategies.
Keywords:
Sherwood Plot (SP)Value Added Compound (VAC)cost ontologycost structuredilutionentropyinformation entropymarket concentrationmarket formation processrecovery costresource recoveryMore Related Videos
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