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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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VARIATIONS ON THE THEME OF CONNING IN MATHEMATICAL ECONOMICS [PDF]
The mathematization of economics is almost exclusively in terms of the mathematics of real analysis which, in turn, is founded on set theory (and the axiom of choice) and orthodox mathematical logic.
Velupillai, Kumaraswamy
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On History of Mathematical Economics: Application of Fractional Calculus
Modern economics was born in the Marginal revolution and the Keynesian revolution. These revolutions led to the emergence of fundamental concepts and methods in economic theory, which allow the use of differential and integral calculus to describe ...
Vasily E. Tarasov
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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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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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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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Studying the research results by Nobel prize-winning economists is a fundamentally important task for determining the most promising areas of development of Russian economic science.
Y. P. Voronov
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