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ESHET
ESHET
Estrella Trincado is a tenured professor at the Complutense University of Madrid. She is a counselor of the European Society for the History of Economic Thought (ESHET) and the Spanish Association of Economic History (AEHE). She has been a Visiting PostDoc Fellow in the Department of Economics at Harvard University (sponsor Stephen Marglin) and a professor at the Université Lumière Lyon 2.
After the Great Recession of 2008, there was a strong commitment from several international institutions and forums to improve wellbeing economics, with a switch towards satisfaction and sustainability in people–planet–profit relations. The initiative of the European Union is the Green Deal, which is similar to the UN SGD agenda for Horizon 2030. It is the common political economy plan for the Multiannual Financial Framework, 2021–2027. This project intends, at the same time, to stop climate change and to promote the people’s wellness within healthy organizations and smart cities with access to cheap and clean energy. However, there is a risk for the success of this aim: the Jevons paradox. In this paper, we make a thorough revision of the literature on the Jevons Paradox, which implies that energy efficiency leads to higher levels of consumption of energy and to a bigger hazard of climate change and environmental degradation.
Estrella Trincado; Antonio Sánchez-Bayón; José Vindel. The European Union Green Deal: Clean Energy Wellbeing Opportunities and the Risk of the Jevons Paradox. Energies 2021, 14, 4148 .
AMA StyleEstrella Trincado, Antonio Sánchez-Bayón, José Vindel. The European Union Green Deal: Clean Energy Wellbeing Opportunities and the Risk of the Jevons Paradox. Energies. 2021; 14 (14):4148.
Chicago/Turabian StyleEstrella Trincado; Antonio Sánchez-Bayón; José Vindel. 2021. "The European Union Green Deal: Clean Energy Wellbeing Opportunities and the Risk of the Jevons Paradox." Energies 14, no. 14: 4148.
In this work, a viability study of algal wastewater treatment projects under outdoor conditions is proposed. The viability analysis of solar plant projects based on annual exceedance probability, which is the probability that a certain energy value will be exceeded, is applied. The two outputs used (algal productivity and ammonium uptake rate) are obtained from literature models under different scenarios. The first scenario studies algal productivity of the microalgae Chlorella vulgaris cultivation in an open pond system. The second scenario considers the ammonium uptake rate of the microalgae Scenedesmus sp. Cultivation in a flat-plate photobioreactor. Both scenarios are set out under outdoor conditions in two stations with different climates. The work also aims at including in the viability study an analysis of the intermittency of productivity/ammonium uptake rate to take into account intra-annual variability. The study of variability is usually limited to the estimation of statistics during each season. The methodology proposed, based on exceedance probabilities of variation, evaluates discontinuities in the production and/or nutrient removal processes. Finally, the work aims at evaluating the effects of storage on the discontinuities that can compromise project viability defining the Risk Factor Improvement Index. This index assesses the degree of improvement in viability due to discontinuity in productivity and ammonium removal processes provided by storage. According to this index, improvements of up to 31% for the productivity and up to 20% for the ammonium uptake rate can be reached. By including storage, the discontinuity effect and thus the intermittency analysis may be disregarded.
José M. Vindel; Estrella Trincado. Viability assessment of algal wastewater treatment projects under outdoor conditions based on algal productivity and nutrient removal rate. Renewable and Sustainable Energy Reviews 2021, 150, 111435 .
AMA StyleJosé M. Vindel, Estrella Trincado. Viability assessment of algal wastewater treatment projects under outdoor conditions based on algal productivity and nutrient removal rate. Renewable and Sustainable Energy Reviews. 2021; 150 ():111435.
Chicago/Turabian StyleJosé M. Vindel; Estrella Trincado. 2021. "Viability assessment of algal wastewater treatment projects under outdoor conditions based on algal productivity and nutrient removal rate." Renewable and Sustainable Energy Reviews 150, no. : 111435.
The European Union Green Deal aims at curbing greenhouse gas emissions and introducing clean energy production. But to achieve energy efficiency, the opportunity cost of different energies must be assessed. In this article, two different energy self-sufficient systems for wastewater treatment are compared. On the one hand, high-rate algal ponds system (HRAP) is considered; on the other hand, a conventional activated sludge system (AS) which uses photovoltaic power (PV) is studied. The paper offers a viability analysis of both systems based on the capacity to satisfy their energetic consumption. This viability analysis, along with the opportunity cost study, will be used in the article to compare these two projects devoted to the treatment of wastewater. In order to assess viability, the probability of not achieving the energy consumption threshold at least one day is studied. The results point that the AS+PV system self-sufficiency is achieved with much lesser land requirements than the HRAP system (for the former, less than 6500 m2, for the latter 40,000 m2). However, the important AS capital cost makes still the HRAP system more economic, although storage provides a great advantage for using the AS+PV in locations where a lot of irradiance is available.
Jose Vindel; Estrella Trincado; Antonio Sánchez-Bayón. European Union Green Deal and the Opportunity Cost of Wastewater Treatment Projects. Energies 2021, 14, 1994 .
AMA StyleJose Vindel, Estrella Trincado, Antonio Sánchez-Bayón. European Union Green Deal and the Opportunity Cost of Wastewater Treatment Projects. Energies. 2021; 14 (7):1994.
Chicago/Turabian StyleJose Vindel; Estrella Trincado; Antonio Sánchez-Bayón. 2021. "European Union Green Deal and the Opportunity Cost of Wastewater Treatment Projects." Energies 14, no. 7: 1994.
The European Union Green Deal aims at curbing planet-warming greenhouse gas emissions and introducing clean energy production. But to achieve energy efficiency, the opportunity cost of different energies must be assessed. In this article, we analyse two different systems for the treatment of wastewater that, at the same time, produce energy for its own operation. On the one hand, high-rate algal ponds system (HRAP) is considered; on the other hand, we study a conventional activated sludge system which uses photovoltaic power (AS+PV). This paper offers a viability analysis of both systems based on the capacity to satisfy their energetic consumption. In order to assess this viability, the probability of not achieving the energy consumption threshold at least one day is studied. The results point that the AS+PV system self-sufficiency is achieved using much lesser surfaces than those of HRAP system (for the former, less than 6.500 m2, for the latter 40.000 m2). However, the important AS capital cost makes still the HRAP system more economic, although storage provides a great advantage for using the AS+PV in locations where we have a lot of irradiance. This viability analysis, along with the opportunity cost analysis, will be used to assess these two projects devoted to the treatment of wastewater.
José María Vindel; Estrella Trincado; Antonio Sánchez-Bayón. EU Green Deal and opportunity cost: a comparison between the viability of different wastewater treatment project. 2021, 1 .
AMA StyleJosé María Vindel, Estrella Trincado, Antonio Sánchez-Bayón. EU Green Deal and opportunity cost: a comparison between the viability of different wastewater treatment project. . 2021; ():1.
Chicago/Turabian StyleJosé María Vindel; Estrella Trincado; Antonio Sánchez-Bayón. 2021. "EU Green Deal and opportunity cost: a comparison between the viability of different wastewater treatment project." , no. : 1.
This paper is an analytical-empirical review of the evolution of Spanish Business Schools and how they have been affected by the accreditation system. This system has made it possible for the Spanish Business Schools to rank among the best (10 of them are in the World top-25 and 4 have been accredited with the triple crown, which is the highest distinction). However, it has also led to the denaturalization of the Business Schools (B-Schools), which have been “devoured” by the Schools of Economics and Business at universities. In addition, the accreditation system has entailed an increase in costs (opportunity, marginal, sunk costs and so on). An explanation of the Spanish B-Schools paradox is offered in the article: the more accreditations achieved,the more difficult it is to maintain them, due to contradictions in the compliance regulation and to the difficulty in updating academic programmes since their success and assimilation into the welfare state economy is a risk for B-Schools and their adaptation to digital economy. Finally, the paper gives some keys to correct the problem detected and thus to adapt B-Schools to the emerging wellbeing economics, a new stage of the digital economy.
Antonio Sánchez-Bayón; Estrella Trincado Aznar. Spanish Bussiness Schools paradox and the accreditation system expiry: when the success becomes a risk. Revista Galega de Economía 2021, 30, 1 -18.
AMA StyleAntonio Sánchez-Bayón, Estrella Trincado Aznar. Spanish Bussiness Schools paradox and the accreditation system expiry: when the success becomes a risk. Revista Galega de Economía. 2021; 30 (2):1-18.
Chicago/Turabian StyleAntonio Sánchez-Bayón; Estrella Trincado Aznar. 2021. "Spanish Bussiness Schools paradox and the accreditation system expiry: when the success becomes a risk." Revista Galega de Economía 30, no. 2: 1-18.
Estrella Trincado. Entre textos y contextos. Iberian Journal of the History of Economic Thought 2017, 4, 1 .
AMA StyleEstrella Trincado. Entre textos y contextos. Iberian Journal of the History of Economic Thought. 2017; 4 (2):1.
Chicago/Turabian StyleEstrella Trincado. 2017. "Entre textos y contextos." Iberian Journal of the History of Economic Thought 4, no. 2: 1.
Estrella Trincado; Manuel Santos-Redondo. Some final remarks. Economics, Entrepreneurship and Utopia 2017, 167 -171.
AMA StyleEstrella Trincado, Manuel Santos-Redondo. Some final remarks. Economics, Entrepreneurship and Utopia. 2017; ():167-171.
Chicago/Turabian StyleEstrella Trincado; Manuel Santos-Redondo. 2017. "Some final remarks." Economics, Entrepreneurship and Utopia , no. : 167-171.
Estrella Trincado; Manuel Santos-Redondo. Friction areas between Bentham and Owen. Economics, Entrepreneurship and Utopia 2017, 16 -24.
AMA StyleEstrella Trincado, Manuel Santos-Redondo. Friction areas between Bentham and Owen. Economics, Entrepreneurship and Utopia. 2017; ():16-24.
Chicago/Turabian StyleEstrella Trincado; Manuel Santos-Redondo. 2017. "Friction areas between Bentham and Owen." Economics, Entrepreneurship and Utopia , no. : 16-24.
Estrella Trincado; Manuel Santos-Redondo. Owen, Bentham and political economists. Economics, Entrepreneurship and Utopia 2017, 140 -164.
AMA StyleEstrella Trincado, Manuel Santos-Redondo. Owen, Bentham and political economists. Economics, Entrepreneurship and Utopia. 2017; ():140-164.
Chicago/Turabian StyleEstrella Trincado; Manuel Santos-Redondo. 2017. "Owen, Bentham and political economists." Economics, Entrepreneurship and Utopia , no. : 140-164.
Estrella Trincado; Manuel Santos-Redondo. Education in New Lanark and in Bentham’s proposal. Economics, Entrepreneurship and Utopia 2017, 121 -139.
AMA StyleEstrella Trincado, Manuel Santos-Redondo. Education in New Lanark and in Bentham’s proposal. Economics, Entrepreneurship and Utopia. 2017; ():121-139.
Chicago/Turabian StyleEstrella Trincado; Manuel Santos-Redondo. 2017. "Education in New Lanark and in Bentham’s proposal." Economics, Entrepreneurship and Utopia , no. : 121-139.
The story of this book begins during a business visit to Glasgow by Robert Owen (May 1771 – November 1858), a young and successful Manchester industrial manager. He met David Dale, a prosperous Scottish businessman, the owner of New Lanark mills. It was the biggest factory in Great Britain. The meeting seemed to be a part of the love story of Owen with David Dale’s daughter, Caroline, finally Owen’s wife, but actually it was something quite different. Owen and his partners bought the estate from David Dale, and he became manager, as well as part owner, of the mills in January 1810.
Estrella Trincado; Manuel Santos-Redondo. Introduction. Economics, Entrepreneurship and Utopia 2017, 3 -6.
AMA StyleEstrella Trincado, Manuel Santos-Redondo. Introduction. Economics, Entrepreneurship and Utopia. 2017; ():3-6.
Chicago/Turabian StyleEstrella Trincado; Manuel Santos-Redondo. 2017. "Introduction." Economics, Entrepreneurship and Utopia , no. : 3-6.
Estrella Trincado; Manuel Santos-Redondo. Economics, Entrepreneurship and Utopia. Economics, Entrepreneurship and Utopia 2017, 1 .
AMA StyleEstrella Trincado, Manuel Santos-Redondo. Economics, Entrepreneurship and Utopia. Economics, Entrepreneurship and Utopia. 2017; ():1.
Chicago/Turabian StyleEstrella Trincado; Manuel Santos-Redondo. 2017. "Economics, Entrepreneurship and Utopia." Economics, Entrepreneurship and Utopia , no. : 1.
Estrella Trincado; Manuel Santos-Redondo. The connection between Bentham and Owen. Economics, Entrepreneurship and Utopia 2017, 7 -15.
AMA StyleEstrella Trincado, Manuel Santos-Redondo. The connection between Bentham and Owen. Economics, Entrepreneurship and Utopia. 2017; ():7-15.
Chicago/Turabian StyleEstrella Trincado; Manuel Santos-Redondo. 2017. "The connection between Bentham and Owen." Economics, Entrepreneurship and Utopia , no. : 7-15.
Estrella Trincado; Manuel Santos-Redondo. Owen and Bentham as social reformers. Economics, Entrepreneurship and Utopia 2017, 71 -120.
AMA StyleEstrella Trincado, Manuel Santos-Redondo. Owen and Bentham as social reformers. Economics, Entrepreneurship and Utopia. 2017; ():71-120.
Chicago/Turabian StyleEstrella Trincado; Manuel Santos-Redondo. 2017. "Owen and Bentham as social reformers." Economics, Entrepreneurship and Utopia , no. : 71-120.
Estrella Trincado; Manuel Santos-Redondo. Entrepreneurs in theory and practice. Economics, Entrepreneurship and Utopia 2017, 27 -68.
AMA StyleEstrella Trincado, Manuel Santos-Redondo. Entrepreneurs in theory and practice. Economics, Entrepreneurship and Utopia. 2017; ():27-68.
Chicago/Turabian StyleEstrella Trincado; Manuel Santos-Redondo. 2017. "Entrepreneurs in theory and practice." Economics, Entrepreneurship and Utopia , no. : 27-68.
This article poses a new methodology applying the statistical analysis to the economic literature. This analysis has never been used in the history of economic thought, albeit it may open up new possibilities and provide us with further explanations so as to reconsider theoretical issues. With that purpose in mind, the article applies the intermittency of the turbulence in different economic texts, and specifically in three important authors: William Stanley Jevons, Adam Smith, and Karl Marx.
Estrella Trincado; Jose María Vindel. An application of econophysics to the history of economic thought: The analysis of texts from the frequency of appearance of key words. 2015, 1 .
AMA StyleEstrella Trincado, Jose María Vindel. An application of econophysics to the history of economic thought: The analysis of texts from the frequency of appearance of key words. . 2015; ():1.
Chicago/Turabian StyleEstrella Trincado; Jose María Vindel. 2015. "An application of econophysics to the history of economic thought: The analysis of texts from the frequency of appearance of key words." , no. : 1.
The shape of the curves relating the scaling exponents of the structure functions to the order of these functions is shown to distinguish the Dow Jones index from other stock market indices. We conclude from the shape differences that the information-loss rate for the Dow Jones index is reduced at smaller time scales, while it grows for other indices. This anomaly is due to the construction of the index, in particular to its dependence on a single market parameter: price. Prices are subject to turbulence bursts, which act against full development of turbulence.
Estrella Trincado; Jose María Vindel. Not Fully Developed Turbulence in the Dow Jones Index. Brazilian Journal of Physics 2013, 43, 260 -267.
AMA StyleEstrella Trincado, Jose María Vindel. Not Fully Developed Turbulence in the Dow Jones Index. Brazilian Journal of Physics. 2013; 43 (4):260-267.
Chicago/Turabian StyleEstrella Trincado; Jose María Vindel. 2013. "Not Fully Developed Turbulence in the Dow Jones Index." Brazilian Journal of Physics 43, no. 4: 260-267.
Estrella Trincado; Manuel Santos-Redondo. Bentham and Owen on entrepreneurship and social reform. The European Journal of the History of Economic Thought 2012, 21, 252 -277.
AMA StyleEstrella Trincado, Manuel Santos-Redondo. Bentham and Owen on entrepreneurship and social reform. The European Journal of the History of Economic Thought. 2012; 21 (2):252-277.
Chicago/Turabian StyleEstrella Trincado; Manuel Santos-Redondo. 2012. "Bentham and Owen on entrepreneurship and social reform." The European Journal of the History of Economic Thought 21, no. 2: 252-277.
This article fills a gap in the literature by examining the only leading classical economist whose influence on Spain has yet to be studied. In particular, it analyzes the influence John Stuart Mill had on nineteenth-century Spain by showing the impact of his multifaceted work both in scientific philosophy and utilitarian philosophy, and in political and economic theory, as well as in the world of feminism.
Estrella Trincado; José-Luis Ramos. JOHN STUART MILL AND NINETEENTH-CENTURY SPAIN. Cambridge Review of International Affairs 2011, 33, 507 -526.
AMA StyleEstrella Trincado, José-Luis Ramos. JOHN STUART MILL AND NINETEENTH-CENTURY SPAIN. Cambridge Review of International Affairs. 2011; 33 (4):507-526.
Chicago/Turabian StyleEstrella Trincado; José-Luis Ramos. 2011. "JOHN STUART MILL AND NINETEENTH-CENTURY SPAIN." Cambridge Review of International Affairs 33, no. 4: 507-526.
This article shows turbulent behavior in a series of financial indexes assuming that they follow a cascade process of the same type as do turbulent fluids. With such a model, the energy flux between the eddies that emerge in the fluid is analogous to the financial information flux over the course of time. The results obtained confirm the variability of variation of the indexes for the considered time scale (the turbulent intermittency typical for fluids), and they also confirm that when we descend along the cascade, that is to say, when we consider smaller time intervals, the rate at which the hypothetical eddies of information dissipate becomes greater than the rate at which the information is transmitted. This fact can explain the cyclical nature of crises: ultimately, financial events have a memory of the past. Besides, the NASDAQ singular behavior regarding the number of jumps, the degree of intermittency of the turbulence and the life time of the hypothetical eddies has been analysed.
Jose M. Vindel; Estrella Trincado. The timing of information transmission in financial markets. Physica A: Statistical Mechanics and its Applications 2010, 389, 5749 -5758.
AMA StyleJose M. Vindel, Estrella Trincado. The timing of information transmission in financial markets. Physica A: Statistical Mechanics and its Applications. 2010; 389 (24):5749-5758.
Chicago/Turabian StyleJose M. Vindel; Estrella Trincado. 2010. "The timing of information transmission in financial markets." Physica A: Statistical Mechanics and its Applications 389, no. 24: 5749-5758.