Advances in Economics & Optimization : Collected Scientific Papers Dedicated to the Memory of L V Kantorovich

David Wing-kay Yeung

ISBN 10: 1631170732 / ISBN 13: 9781631170737

Published by Nova Science Publishers Inc Jun 2014, 2014

About this Item

Neuware - 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, optimisation 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. Optimisation of economic activities provides an effective remedial measure for market failures. This contributed volume collects advances in the studies of economics and optimisation. Contributions cover areas on analysis of optimal allocation of economic resources, economic optimisation techniques, the interface economics and optimisation, optimisation under market mechanism and history of development of optimisation techniques. The studies assembled in this volume are dedicated to the memory of a pioneering researcher and Nobel Laureate in the field of economic optimisation -- Leonid Vitalyevich Kantorovich. In his 100th birthday tribute in 2012, the International Conference Mathematics, Economic, Management: Kantorovich-100 in St-Petersburg was held in his memory. Selected papers from the conference are included in this Volume. In addition, contributed papers from authors who had worked closely with Kantorovich are also contained.

Seller Inventory # 9781631170737

Bibliographic Details

• Title: Advances in Economics & Optimization : Collected Scientific Papers Dedicated to the Memory of L V Kantorovich
• Publisher: Nova Science Publishers Inc Jun 2014
• Publication Date: 2014
• Language: English
• ISBN 10: 1631170732
• ISBN 13: 9781631170737
• Binding: Buch
• Condition: Neu
• Dimensions: 259W x 183H x 20D millimeters 259 millimeters width by 183 millimeters height by 20 millimeters depth
• Weight: 672 grams

About this title

Synopsis

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, optimisation 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. Optimisation of economic activities provides an effective remedial measure for market failures. This contributed volume collects advances in the studies of economics and optimisation. Contributions cover areas on analysis of optimal allocation of economic resources, economic optimisation techniques, the interface economics and optimisation, optimisation under market mechanism and history of development of optimisation techniques. The studies assembled in this volume are dedicated to the memory of a pioneering researcher and Nobel Laureate in the field of economic optimisation -- Leonid Vitalyevich Kantorovich. In his 100th birthday tribute in 2012, the International Conference Mathematics, Economic, Kantorovich-100 in St-Petersburg was held in his memory. Selected papers from the conference are included in this Volume. In addition, contributed papers from authors who had worked closely with Kantorovich are also contained..