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The unreasonable ineffectiveness of mathematics in economics [PDF]
In this paper, I attempt to show that mathematical economics is unreasonably ineffective. Unreasonable, because the mathematical assumptions are economically unwarranted; ineffective because the mathematical formalisations imply non-constructive and uncomputable structures.
K. Vela Velupillai
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Mathematics of Economics and Business [PDF]
For all students who wish to understand current economic and business literature, knowledge of mathematical methods has become a prerequisite. Clear and concise, with precise definitions and theorems, Werner and Sotskov cover all the major topics required to gain a firm grounding in this subject including sequences, series, applications in finance ...
Frank Werner, Yuri N. Sotskov
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Mathematics and Economics of Leonid Kantorovich [PDF]
This is a short overview of the contribution of Leonid Kantorovich into the formation of the modern outlook on the interaction between mathematics and economics.
S. S. Kutateladze
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Mathematics in economics [PDF]
Wassily Leontief
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From Cournot, Walras, and Pareto’s research to what followed in the form of marginalist economics, chaos theory, agent-based modeling, game theory, and econophysics, the interpretation and analysis of economic systems have been carried out using a broad ...
Kyriaki Tsilika
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Rising global economic power by China to challenge new global order [PDF]
This paper's arguments guide Chinese political economy. This analytical idea is based on Rodrik's political-economy trilemma: global economic integration, democracy, and national sovereignty. Chinese policymakers face a trade-off among three policy goals:
Masaaki Yoshimori
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Optimal Behavior of Agents in a Piecewise Linear Taxation Environment
We study analytical properties of the optimal income taxation model. In this model we consider the maximization of utility of an agent of the given type. The real meaning of the utility is the net profit of the legal entity.
T. V. Bogachev
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On Some Aspects of the Examination in Econometrics
Teaching econometrics has been studied by a number of researchers, however, there is little information available on the quality of examination and on simplification of tests for demonstration the high-quality knowledge by students in concrete topics of ...
Symon Serbenyuk
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The Origin and Limitations of Modern Mathematical Economics: A Historical Approach [PDF]
We have first demonstrated that Debreu’s view regarding the publication of The Theory of Games and Economic Behavior by von Neumann and Morgenstern in 1944 as the birth of modern mathematical economics is not convincing.
Masoud Derakhshan
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A Critical Analysis of the Origin and Nature of Classical Mathematical Economics: Why Classical Economists Did Not Use Mathematics? [PDF]
The role of mathematics in economic analysis is not yet a settled question. Smith, Ricardo, Mill and other eminent classical economists did not use mathematics in their economic theorizations. We have defined classical mathematical economics as the whole
Masoud Derakhshan
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