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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. |
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Presentation: Oral at First International Conference Quantitative Methods in Economics, Sessions A, by Zbigniew BindermanSee On-line Journal of First International Conference Quantitative Methods in Economics Submitted: 2009-01-11 14:07 Revised: 2009-06-07 00:48 |