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  3. Functional Equations
  4. Some functional equations in Economy

Some functional equations in Economy

Colección

This block provides a series of economic problems that can be stated as functional equations, which reproduce important properties to be satisfied. Next, they are solved to obtain the most general models that satisfies the stated conditions. In particular we study some interest and taxation problems and some monopoly and duopoly problems.

Autores Enrique Castillo
Fecha 17/09/2019 Idioma Ingles

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Contenido

Applications to Economy

 We present some economic problems modelled by functional equations, such as interest and taxation formulas and monopoly and duopoly models. We invite the reader to initiate a nice trip, which consists of building models based on their properties. Once this system is solved, we obtain the only possible models. No other models satisfy those properties.

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