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This book presents the applications of fractional calculus, fractional operators of non-integer orders and fractional differential equations in describing economic dynamics with long memory. Generalizations of basic economic concepts, notions and methods for the economic processes with memory are suggested. New micro and macroeconomic models with continuous time are proposed to describe the fractional economic dynamics with long memory as well.
Price: $185.99
Pages: 602
Publisher: De Gruyter
Imprint: De Gruyter
Publication Date:
18 January 2021
ISBN: 9783110624601
Format: Hardcover
BISACs:
MAT005000 MATHEMATICS / Calculus, MAT007000 MATHEMATICS / Differential Equations / General, MAT034000 MATHEMATICS / Mathematical Analysis, TEC007000 Technology & Engineering / Electrical, TEC009000 Technology & Engineering / Engineering (General)
Vasily E. Tarasov, Valentina V. Tarasova, Lomonosov Moscow State University, Moscow, Russia