Book Details

Modeling Foundations of Economic Property Rights Theory

Publication year: 2005

ISBN: 978-3-540-27784-2

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The idea is to construct a kind of mathematical application in which any fundamental formal entity and/or operation has an empirical economic interpretation. This approach is seen as a way to cope with an extreme c- plexity of economic phenomena under consideration and requests for precise formulationofmodelswheremeaningfulanswersandsolutionsofproblemsare only those which are obtained rigorously. The proposed extensions in ma- ematical economics and property rights theory are to provide rich enough foundations to follow complexity of economic property rights in the exact way, and to identify where there is an appropriate method providing a- quate solution, and also to ?nd problems where in general there is no such methodology.


Subject: Business and Economics, Entrepreneurial Agreements, Property Rights, Theory of Economic Agreements, Calculus, Mathematical economics Modeling, Operational research