Description

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.

Theory of Technical Change and Economic Invariance: Application of Lie Groups

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Hardback by Ryuzo Sato

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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... Read more

    Publisher: Edward Elgar Publishing Ltd
    Publication Date: 27/01/1999
    ISBN13: 9781840640779, 978-1840640779
    ISBN10: 1840640774

    Number of Pages: 456

    Non Fiction , Business, Finance & Law

    Description

    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.

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