Results 61 to 70 of about 235,900 (236)
Endogenous structural transformation in economic development [PDF]
This paper extends Xing's (2023abcd) optimal growth models of catching-up economies from the case of production function switching to that of economic structure switching and argues how a country develops its economy by endogenous structural transformation and efficient resource allocation in a market mechanism.
arxiv
Reciprocity as the foundation of Financial Economics [PDF]
This paper argues that the fundamental principle of contemporary financial economics is balanced reciprocity, not the principle of utility maximisation that is important in economics more generally. The argument is developed by analysing the mathematical Fundamental Theory of Asset Pricing with reference to the emergence of mathematical probability in ...
arxiv
Critical Mathematical Economics and the Model-theoretic Foundations of Controversies in Economic Policy [PDF]
The aim of this article is to present elements and discuss the potential of a research program at the intersection between mathematics and heterodox economics, which we call Criticial Mathematical Economics (CME). We propose to focus on the mathematical and model-theoretic foundations of controversies in economic policy, and aim at providing an ...
arxiv
Why we like the ECI+ algorithm [PDF]
Recently a measure for Economic Complexity named ECI+ has been proposed by Albeaik et al. We like the ECI+ algorithm because it is mathematically identical to the Fitness algorithm, the measure for Economic Complexity we introduced in 2012. We demonstrate that the mathematical structure of ECI+ is strictly equivalent to that of Fitness (up to ...
arxiv
Soviet Mathematics and Economic Theory in the Past Century: An Historical Reappraisal [PDF]
What are the effects of authoritarian regimes on scholarly research in economics? And how might economic theory survive ideological pressures? The article addresses these questions by focusing on the mathematization of economics over the past century and drawing on the history of Soviet science.
arxiv
Incerteza e não ergodicidade: crítica aos neoclássicos
The starting point of this essay is to show that, in our view, the problem of the traditional economics is not in the deductive method nor the mathematical methods used, but to attribute to economic agents "power" on the future and prescribe the ...
Marcelo Mallet Siqueira Campos+1 more
doaj +1 more source
Book Review: The Mathematical Groundwork of Economics: An Introductory Treatise [PDF]
Warren M. Persons
openalex +1 more source
The law of large numbers for completely random behavior of market participants. Quantum economics [PDF]
In this paper, we briefly discuss a mathematical concept that can be used in economics.
arxiv
Mathematical modelling and economic evaluation
AbstractIn small developing countries many significant agroindustrial projects are not marginal. Therefore a model is proposed that includes all the main components of the sector. This model can be used to evaluate new projects, policies, to test the prevailing degree of market imperfection in the sector and in general to provide a better understanding
openaire +2 more sources