Symmetry and economic invariance / Ryuzo Sato, Rama V. 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 optimizatio...

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Bibliographic Details
Main Authors: Satō, Ryūzō, 1931- (Author), Ramachandran, Rama V. (Author)
Format: Ebook
Language:English
Published: Tokyo : Springer, [2014]
Edition:Second enhanced edition.
Series:Advances in Japanese business and economics.
Subjects:
Online Access:Springer eBooks
Description
Summary:"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."--Publisher's website.
Physical Description:1 online resource (xi, 273 pages) : illustrations.
Format:Mode of access: World Wide Web.
Bibliography:Includes bibliographical references and index.
ISBN:4431544305
9784431544302
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