Time and Money

How Long and How Much Money is Needed to Regulate a Viable Economy

Nonfiction, Science & Nature, Mathematics, Calculus, Business & Finance, Economics, Theory of Economics
Cover of the book Time and Money by Jean-Pierre Aubin, Springer International Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Jean-Pierre Aubin ISBN: 9783319000053
Publisher: Springer International Publishing Publication: August 26, 2013
Imprint: Springer Language: English
Author: Jean-Pierre Aubin
ISBN: 9783319000053
Publisher: Springer International Publishing
Publication: August 26, 2013
Imprint: Springer
Language: English

This authored monograph presents an unconventional approach to an important topic in economic theory. The author is an expert in the field of viability theory and applies this theory to analyze how an economy should be dynamically endowed so that it is economically viable. Economic viability requires an assumption on the joint evolution of transactions, fluctuations of prices and units of numeraire goods: the sum of the “transactions values” and the “impact of price fluctuations” should be negative or equal to zero. The book presents a computation of the minimum endowment which restores economic viability and derives the dynamic laws that regulate both transactions and price fluctuations.
The target audience primarily comprises open-minded and mathematically interested economists but the book may also be beneficial for graduate students.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This authored monograph presents an unconventional approach to an important topic in economic theory. The author is an expert in the field of viability theory and applies this theory to analyze how an economy should be dynamically endowed so that it is economically viable. Economic viability requires an assumption on the joint evolution of transactions, fluctuations of prices and units of numeraire goods: the sum of the “transactions values” and the “impact of price fluctuations” should be negative or equal to zero. The book presents a computation of the minimum endowment which restores economic viability and derives the dynamic laws that regulate both transactions and price fluctuations.
The target audience primarily comprises open-minded and mathematically interested economists but the book may also be beneficial for graduate students.

More books from Springer International Publishing

Cover of the book The Median Nerve by Jean-Pierre Aubin
Cover of the book Happiness is the Wrong Metric by Jean-Pierre Aubin
Cover of the book Channel Estimation for Physical Layer Network Coding Systems by Jean-Pierre Aubin
Cover of the book China and India’s Development Cooperation in Africa by Jean-Pierre Aubin
Cover of the book Toxicological Risk Assessment for Beginners by Jean-Pierre Aubin
Cover of the book Combinatorial Optimization and Applications by Jean-Pierre Aubin
Cover of the book Microstructure-Property Optimization in Metallic Glasses by Jean-Pierre Aubin
Cover of the book Gems in the Early Modern World by Jean-Pierre Aubin
Cover of the book Inflammation, Aging and Cancer by Jean-Pierre Aubin
Cover of the book Information Systems Architecture and Technology: Proceedings of 39th International Conference on Information Systems Architecture and Technology – ISAT 2018 by Jean-Pierre Aubin
Cover of the book Modern Optimization with R by Jean-Pierre Aubin
Cover of the book Crossing Nuclear Thresholds by Jean-Pierre Aubin
Cover of the book Atlas of Musculoskeletal Tumors and Tumorlike Lesions by Jean-Pierre Aubin
Cover of the book Shell and Membrane Theories in Mechanics and Biology by Jean-Pierre Aubin
Cover of the book ISO 9001, ISO 14001, and New Management Standards by Jean-Pierre Aubin
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy