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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
arxiv +7 more sources
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
openalex +9 more sources
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
openalex +3 more sources
The ForMaRE Project - Formal Mathematical Reasoning in Economics [PDF]
The ForMaRE project applies formal mathematical reasoning to economics. We seek to increase confidence in economics' theoretical results, to aid in discovering new results, and to foster interest in formal methods, i.e. computer-aided reasoning, within economics.
Christoph Lange+2 more
arxiv +3 more sources
Mathematics in economics [PDF]
Wassily Leontief
openalex +3 more sources
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
doaj +1 more source
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
doaj +1 more source
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
doaj +1 more source
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
doaj +1 more source
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
doaj +1 more source