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Symmetry and Economic Invariance at Meripustak

Symmetry and Economic Invariance

Books from same Author: Ramachandran

Books from same Publisher: Springer Velage

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    • General Information  
    Author(s)Ramachandran
    PublisherSpringer Velage
    Edition2nd Edition
    ISBN9784431544296
    Pages285
    BindingHardcover
    LanguageEnglish
    Publish YearDecember 2013

    Description

    Springer Velage Symmetry and Economic Invariance by Ramachandran

    Symmetry and Economic Invariance (second enhanced edition) explores how the symmetry and invariance of economic models can provide insights into their properties. Although the professional economist of today is 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. Part I provides an introduction that minimizes prerequisites including prior knowledge of group theory. Part II discusses recent developments in the field.