An edition of Symmetry and economic invariance (1997)
Symmetry and economic invariance
an introduction
By Satō, Ryūzō,Ryuzo Sato,Rama V. Ramachandran
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Publish Date
1998
Publisher
Kluwer Academic Publishers
Language
eng
Pages
152
Description:
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.