Theory of Technical Change and Economic Invariance

by Karl Shell and Ryuzo Sato

Karl Shell (Editor)

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This revised edition of Ryuzo Sato's seminal work illustrates the timeless nature of his contribution to economics. It is as pertinent today as when it was originally conceived, over twenty years ago.

This book deals with a variety of topics in economic theory, ranging from the analysis of production functions to the general recoverability problem of optimal dynamic behavior. They are unified in the theme of 'transformation and invariance'. This book demonstrates the first application of the Lie theory to modern economics and provides a revealing analysis of market behavior and economic invariance.

This book will be of interest to scholars of industrial economics, innovation, econometrics and microeconomics.
  • ISBN10 1322470790
  • ISBN13 9781322470795
  • Publish Date 1 January 2014 (first published 1 January 1981)
  • Publish Status Active
  • Out of Print 17 June 2015
  • Publish Country US
  • Imprint Elsevier Science
  • Format eBook
  • Pages 458
  • Language English