Symmetry and Economic Invariance (Advances in Japanese Business and Economics, #1)

by Ryuzo Sato and Rama V. Ramachandran

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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.
  • ISBN13 9784431560838
  • Publish Date 23 August 2016 (first published 31 December 2013)
  • Publish Status Active
  • Publish Country JP
  • Imprint Springer Verlag, Japan
  • Edition Softcover reprint of the original 2nd ed. 2014
  • Format Paperback
  • Pages 273
  • Language English