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Symmetry and Economic Invariance: An Introduction

Symmetry and Economic Invariance: An Introduction

Paperback

Series: Research Monographs in Japan-U.S. Business and Economics, Book 3

EconomicsManagement

ISBN10: 1461375193
ISBN13: 9781461375197
Publisher: Springer Nature
Published: Oct 13 2012
Pages: 134
Weight: 0.48
Height: 0.32 Width: 6.14 Depth: 9.21
Language: English
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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