Mathematical Economics : Application of Fractional Calculus

This book is devoted to the application of fractional calculus in economics to describe processes with memory and non-locality. Fractional calculus is a branch of mathematics that studies the properties of differential and integral operators that are characterized by real or complex orders. Fraction...

Full description

Saved in:
Bibliographic Details
Sonstige:
Year of Publication:2020
Language:English
Physical Description:1 electronic resource (278 p.)
Tags: Add Tag
No Tags, Be the first to tag this record!
LEADER 03857nam-a2200937z--4500
001 993545924704498
005 20231214133036.0
006 m o d
007 cr|mn|---annan
008 202105s2020 xx |||||o ||| 0|eng d
035 |a (CKB)5400000000043354 
035 |a (oapen)https://directory.doabooks.org/handle/20.500.12854/68588 
035 |a (EXLCZ)995400000000043354 
041 0 |a eng 
100 1 |a Tarasov, Vasily E.  |4 edt 
245 1 0 |a Mathematical Economics  |b Application of Fractional Calculus 
246 |a Mathematical Economics  
260 |a Basel, Switzerland  |b MDPI - Multidisciplinary Digital Publishing Institute  |c 2020 
300 |a 1 electronic resource (278 p.) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
520 |a This book is devoted to the application of fractional calculus in economics to describe processes with memory and non-locality. Fractional calculus is a branch of mathematics that studies the properties of differential and integral operators that are characterized by real or complex orders. Fractional calculus methods are powerful tools for describing the processes and systems with memory and nonlocality. Recently, fractional integro-differential equations have been used to describe a wide class of economical processes with power law memory and spatial nonlocality. Generalizations of basic economic concepts and notions the economic processes with memory were proposed. New mathematical models with continuous time are proposed to describe economic dynamics with long memory. This book is a collection of articles reflecting the latest mathematical and conceptual developments in mathematical economics with memory and non-locality based on applications of fractional calculus. 
546 |a English 
650 7 |a Economics, finance, business & management  |2 bicssc 
653 |a mathematical economics 
653 |a economic theory 
653 |a fractional calculus 
653 |a fractional dynamics 
653 |a long memory 
653 |a non-locality 
653 |a fractional generalization 
653 |a econometric modelling 
653 |a identification 
653 |a Phillips curve 
653 |a Mittag-Leffler function 
653 |a generalized fractional derivatives 
653 |a growth equation 
653 |a Mittag-Leffler function 
653 |a Caputo fractional derivative 
653 |a economic growth model 
653 |a least squares method 
653 |a fractional diffusion equation 
653 |a fundamental solution 
653 |a option pricing 
653 |a risk sensitivities 
653 |a portfolio hedging 
653 |a business cycle model 
653 |a stability 
653 |a time delay 
653 |a time-fractional-order 
653 |a Hopf bifurcation 
653 |a Einstein's evolution equation 
653 |a Kolmogorov-Feller equation 
653 |a diffusion equation 
653 |a self-affine stochastic fields 
653 |a random market hypothesis 
653 |a efficient market hypothesis 
653 |a fractal market hypothesis 
653 |a financial time series analysis 
653 |a evolutionary computing 
653 |a modelling 
653 |a economic growth 
653 |a prediction 
653 |a Group of Twenty 
653 |a pseudo-phase space 
653 |a economy 
653 |a system modeling 
653 |a deep assessment 
653 |a least squares 
653 |a modeling 
653 |a GDP per capita 
653 |a LSTM 
653 |a econophysics 
653 |a continuous-time random walk (CTRW) 
653 |a Mittag-Leffler functions 
653 |a Laplace transform 
653 |a Fourier transform 
776 |z 3-03936-118-X 
776 |z 3-03936-119-8 
700 1 |a Tarasov, Vasily E.  |4 oth 
906 |a BOOK 
ADM |b 2023-12-15 05:40:22 Europe/Vienna  |f system  |c marc21  |a 2022-04-04 09:22:53 Europe/Vienna  |g false 
AVE |i DOAB Directory of Open Access Books  |P DOAB Directory of Open Access Books  |x https://eu02.alma.exlibrisgroup.com/view/uresolver/43ACC_OEAW/openurl?u.ignore_date_coverage=true&portfolio_pid=5338089970004498&Force_direct=true  |Z 5338089970004498  |b Available  |8 5338089970004498