Symmetry and Economic Invariance: An Introduction

Symmetry and Economic Invariance: An Introduction

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Symmetry and Economic Invariance: An Introduction explores how symmetry and invariance of economic models can provide insights into their properties. While the professional economist is nowadays adept at many of the mathematical techniques used in static and dynamic optimization models, group theory is still not among his or her repertoire of tools. The authors aim to show that group theoretic methods form a natural extension of the techniques commonly used in economics and that they can be easily mastered.
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Product details

  • Hardback | 134 pages
  • 160 x 240 x 14mm | 222.26g
  • Dordrecht, Netherlands
  • English
  • 1998 ed.
  • VIII, 134 p.
  • 0792380436
  • 9780792380436

Table of contents

Preface. 1. Introduction. 2. Technical Progress and Economies of Scale. 3. Holothetic Production Functions. 4. Utility and Demand. 5. Duality and Self Duality. 6. The Theory of Index Numbers. 7. Dynamics and Conservation Laws. 8. Bibliography.
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