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Mathematical economic theory is lacking in logical rigour. Even if the mathematics used in constructing formal economic … theory is rigorous as pure mathematics, economic theory possesses both mathematical and non-mathematical components. But …, distinguished, and integrated. However, the real challenge to formalizing economic theory points not to mathematics but to problems …
Persistent link: https://www.econbiz.de/10009219429
Mathematical economic theory is lacking in logical rigour. Even if the mathematics used in constructing formal economic … theory is rigorous as pure mathematics, economic theory possesses both mathematical and non-mathematical components. But …, distinguished, and integrated. However, the real challenge to formalizing economic theory points not to mathematics but to problems …
Persistent link: https://www.econbiz.de/10009219473
accumulation to the theory of competitive equilibrium over time. Finally I will make some remarks on the relations of this … literature to some recent developments in the theory of economic growth which are often referred to comprehensively as the New … Growth Theory. …
Persistent link: https://www.econbiz.de/10005698152
The present study presents a general scheme of the categories of human activities, integrating mathematics into the …
Persistent link: https://www.econbiz.de/10009140947
Mixture sets were introduced by Herstein and Milnor (1953) into decision theory, where they are still widely used. This …
Persistent link: https://www.econbiz.de/10005478938
Persistent link: https://www.econbiz.de/10008575430
Persistent link: https://www.econbiz.de/10011087038
Persistent link: https://www.econbiz.de/10011093022
"This report describes the variables of ALWA-LiNu data. The IAB study ALWA ('Work-ing and Learning in a Changing World') was conducted in 2007/08 and contains de-tailed retrospective life course data of 10,404 individuals living in Germany born in between 1956 and 1988. ALWA-LiNu provides...
Persistent link: https://www.econbiz.de/10010963747
"Is there a reward for basic skills in the German labor market? To answer this question, we examine the relationship between literacy, numeracy and monthly gross earnings of full-time employed workers. We use data from the ALWA survey, augmented by test scores on basic cognitive skills as well...
Persistent link: https://www.econbiz.de/10010641637