Symmetry and Economic Invariance: An Introduction
Download or Read eBook Symmetry and Economic Invariance: An Introduction PDF written by Ryuzo Sato and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 140 pages. Available in PDF, EPUB and Kindle.
Author | : Ryuzo Sato |
Publisher | : Springer Science & Business Media |
Total Pages | : 140 |
Release | : 2012-12-06 |
ISBN-10 | : 9781461555131 |
ISBN-13 | : 1461555132 |
Rating | : 4/5 (31 Downloads) |
Book Synopsis Symmetry and Economic Invariance: An Introduction by : Ryuzo Sato
Book excerpt: 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.