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On elasticity operators and their economical applications

Zbigniew Binderman 

Szkoła Główna Gospodarstwa Wiejskiego (SGGW), Nowoursynowska 166, Warszawa 02-787, Poland

Abstract

In present paper, a new definition of elasticity operators in algebras with right invertible operators is proposed. The definition uses logarithmic and antilogarithmic mappings of algebraic analysis [1]. A general solution of an equation and a unique solution of an initial boundary values problem with an elasticity operator are established. Moreover, the results can be applied to economics in order to find a function if elasticity of this function is given.

 

Auxiliary resources (full texts, presentations, posters, etc.)
  1. FULLTEXT: On elasticity operators and their economical applications, Microsoft Office Document, 0.2MB
 

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Presentation: Oral at First International Conference Quantitative Methods in Economics, Sessions A, by Zbigniew Binderman
See On-line Journal of First International Conference Quantitative Methods in Economics

Submitted: 2009-01-11 14:07
Revised:   2009-06-07 00:48