Titlebook: Conservation Laws and Symmetry: Applications to Economics and Finance; Ryuzo Sato,Rama V. Ramachandran Book 1990 Springer Science+Business

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Linear Congruential Generators,s in continuous or discrete time, is deterministic or stochastic with a Brownian, Poisson or other process, uses a finite or infinite time horizon, or even whether the rate of time preference is fixed or variable. These details are unimportant as long as the geometry is unchanged. All cases are treated in a unified manner.

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Conservation Laws in Continuous and Discrete Models,s by Weitzman (1976), Sato (1981, 1985), Kemp and Long (1982), Samuelson (1971, 1982), Sato, Nono and Mimura (1984), and Sato and Maeda (1987) provide an indication of the rapid progress being made in this field.

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Two Conservation Laws in Theoretical Economics,matically, this law is based upon a property of the calculus of variations according to which the optimizing solution to. has, because the integrand does not involve time explicitly, an “energy” integral of the form...

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The Invariance Principle and Income-Wealth Conservation Laws,ntegral of the difference between the kinetic and potential energies for the system is stationary. If the ‘a(chǎn)ction’ integral is free of the time variable, the sum of the kinetic and potential energies, the Hamiltonian, is constant—the conservation law of the total energy.