The economics tag has no usage guidance.

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**1**answer

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### Examples of separable ordinary differential equations in economics

I'm currently teaching an integral calculus course for business students, and we're just about to discuss differential equations. They've worked hard, and I'd like to reward them with some economic ...

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**4**answers

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### What are Reinert's reproaches to the Ricardo theory?

Economists accuse me in vulgarization of their science, so I'll edit the text from the very beginning to remove the inaccuracies.
Main question
I have just read the book by a norwegian economist, ...

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**0**answers

129 views

### Maximizing Expected Utility

I am currently trying to solve a maximization problem given by
$\max_{f(x)} \int_0^1 \int_\mathbb{R} (c-y\cdot f(x)-d\cdot (x+f(x)-b)^2) \ h(x) \ dx \ dy$.
Or in other words, I have a utility ...

**20**

votes

**2**answers

776 views

### Are symplectic methods used in (classical) Economics?

The tl;dr question is this: are economists using coordinate-free formulations in studying theory?
Borrowing from classical mechanics, the framework I have in mind for classical economics--involving ...

**-4**

votes

**1**answer

81 views

### C = NPm ≠ Σ Pi bowen scheme [closed]

I'm studyng right now economy and finance (I'm a law student, so be patient XD) and I can't figure it out what the "Σ" stands for in the "Bowen scheme".I'm italian , so it's also pretty hard to ...

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votes

**4**answers

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### Zero-knowledge proof of positivity

If I have committed to a number x by revealing g^x mod p, can I prove that 0 < x mod (p-1) < (p-1)/2, i.e. that x is positive, without leaking any more information about x?
My bounty is ending ...

**4**

votes

**2**answers

3k views

### Something like mathoverflow in other sciences [closed]

Are the sites similar to mathoverflow in other sciences related to mathematics? statistics, computer science, physics, economics, etc?
Let me explain what I mean by "similar": those are sites devoted ...

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**0**answers

109 views

### A categorical analogue of Debreu's independent factors theorem

Background
A major question in Decision Theory is that of the cardinal meaning of a utility function. That is, given a set $X$, a utility function $u:X\rightarrow \mathbb{R}$ represents the choices ...

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**2**answers

376 views

### What does Arrow's theorem say about Kaldor-Hicks social welfare functions with von Neumann-Morgenstern utility? [closed]

Let $A$ be the set of all possible states of the world, let $G(A)$ be the set of all "lotteries" or "gambles", i.e. the set of all probability distributions over $A$. Now consider an individual with ...

**-1**

votes

**1**answer

722 views

### concept of efficiency in auction theory [closed]

I have some confusions about the concept of "efficiency" in auction theory.
One interpretation is that an auction is efficient if it maximizes the social-welfare. But social-welfare is not well ...

**-2**

votes

**1**answer

261 views

### A kind of economic objective function in assignment

I recently thought about a concept that seems like it should come up in economics, but I don't know if there's a name for it and where people would have encountered it elsewhere: Suppose we have a ...

**2**

votes

**1**answer

328 views

### Optimal auction for risk-averse seller

Consider an auction of a single unit of indivisible good. There are $n$ buyers whose values of the object is drawn independently from the uniform distribution on $[0,1]$. The buyers have interim ...

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votes

**2**answers

1k views

### Is there an equivalent of Heisenberg's uncertainty principle in the decision sciences ?

From memories of a quantum mechanics class and Wikipedia:
In quantum mechanics, the uncertainty principle is any of a variety of mathematical inequalities asserting a fundamental limit to the ...

**0**

votes

**1**answer

296 views

### Market-clearing price vector in an “aggregate demand system”

I suppose this is really an economics question, but I'm posting here for want of a more appropriate forum. My question concerns an aggregate demand system in which we have $n$ variants of a product, ...

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**9**answers

4k views

### General Equilibrium for Mathematicians

I've been reading up a lot on the recent financial crisis, and central to the story is the existence of general equilibrium models in economics, say, as proven by Arrow and Debreu (and MacKenzie?). ...

**0**

votes

**1**answer

147 views

### Applications of linear fractional relationship

This may be the wrong forum, but are there any natural contexts (physics, economics, etc.) in which one might observe the relationship $y = ax/(bx+c)$ between a pair of variables $x$ and $y$? General ...

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votes

**2**answers

373 views

### Continuous optimization

I'm interested in the solution to the following problem:
I have initial capital $C$ which I can invest into $M$ classes of
resources, each unit of a class $m_i$ matures at time $t_i$, has a
return of ...

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votes

**3**answers

1k views

### Weighted Regular Graphs

The following graph theoretic notion appeared in an economics paper entitled: "Prize competition under limited comparability, by Michele Piccione and Ran Spiegler which studies models of economics ...