The Thermodynamic Valuation Theorem: Entropy-Priced Decomposition of Conservation Value
Abstract
Series S1 (D-Capital Valuation) of the Viridis Canon. Proves the Thermodynamic Valuation Theorem (TVT): a conservation asset's value decomposes into gross intelligence rent minus three entropy-priced charges (coherence reserve, measurement deadweight, capitalized monitoring); the certification credit term structure is a strictly decreasing inverted-√T curve; and certification energy is conserved. Extends the thermodynamic-economics line (P4) under the Intelligence Bound. Scope. Lean 4 (Aristotle-verified, zero sorry) certifies the algebraic/structural results, not empirical magnitudes. Working paper; not peer-reviewed.
Fields of Study & Subjects
Capital Investment and Risk Analysis
Accounting Theory and Financial Reporting
Financial Reporting and Valuation Research
Publication details
- Journal / source
- Zenodo (CERN European Organization for Nuclear Research)
- Publication date
- 15 June 2026
- Language
- EN
- Document type
- Preprint