Advances in economics and optimization : collected scientific studies dedicated to the memory of L.V. Kantorovich /

Economics is a science which studies human behaviours as a relationship between ends and scarce means which have alternative uses. Since economic resources are scarce, optimization forms an integral part in the study of economics. In addition, in the presence of imperfect market structure, externali...

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Bibliographic Details
Other Authors: Petrosi︠a︡n, L. A. (Editor), Romanovsky, Joseph V. (Editor), Wing-Kay Yeung, David (Editor)
Format: eBook
Language:English
Published: New York : Nova Publishers, [2014]
Series:Economic issues, problems and perspectives series.
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Online Access:CONNECT
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Summary:Economics is a science which studies human behaviours as a relationship between ends and scarce means which have alternative uses. Since economic resources are scarce, optimization forms an integral part in the study of economics. In addition, in the presence of imperfect market structure, externalities, imperfect information or public goods, the market fails to provide an efficient allocation mechanism. Optimization of economic activities provides an effective remedial measure for market failures. This contributed volume collects advances in the studies of economics and optimization. Contribu.
Physical Description:1 online resource.
Bibliography:Includes bibliographical references and index.
ISBN:9781631179044
1631179047