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Theory of Technical Change and Economic Invariance

Application of Lie Groups

(Autor)

Buch | Hardcover
456 Seiten
1999
Edward Elgar Publishing Ltd (Verlag)
978-1-84064-077-9 (ISBN)
CHF 289,95 inkl. MwSt
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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 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.

Ryuzo Sato, C.V. Starr Professor of Economics and Director of the Center for Japan-US Business and Economic Studies, Leonard Stern School of Business, New York University, US

Contents: Preface 1. An Overview 2. Holotheticity of a Technology 3. A Theory of Endogenous Technical Progress 4. “G-Neutral” Technical Change, Comparative Statics, and Integrability Conditions 5. Holotheticity of an Implicit Technology 6. Self-Dual Preferences and Technologies 7. Dynamic Symmetries and Economic Conservation Laws 8. A Lie Group Approach to the Index Number Problems 9. The Group Structure and the Theory of Observable Market Behavior Appendix: A Brief Survey of Lie’s Theory of Continuous Transformation Groups Index

Erscheint lt. Verlag 27.1.1999
Verlagsort Cheltenham
Sprache englisch
Maße 156 x 234 mm
Themenwelt Wirtschaft Allgemeines / Lexika
Wirtschaft Volkswirtschaftslehre Ökonometrie
ISBN-10 1-84064-077-4 / 1840640774
ISBN-13 978-1-84064-077-9 / 9781840640779
Zustand Neuware
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