ISBN: 9783112234426 - algebra and discrete mathematics for economics: numbers, graphs and matrices in input-output economics (de gruyter textbook) (2 Ergebnisse)

Taschenbuch. Zustand: Neu. Neuware - Algebra and Discrete Mathematics are essential tools also for economists. Globalization makes that goods and services are exchanged worldwide. Input-output analysis uses the advantage of a relatively stable flow of commodities and services. The essential principles can be described by input-output tables. Such tables correspond to systems of linear equations, written as single equations consisting of matrices whose entries are non-negative rational numbers. The flow itself can be described by a directed edge-valued graph where the sets of values consist of positive rational numbers. Therefore numbers, especially non-negative rational numbers, multiple-partite graphs and matrices with non-negative rational entries play an important role in input-output analysis. Thus knowledge from Algebra and Discrete Mathematics becomes more and more useful in this area.We will consider a particular set of graphs, the so-called input-output graphs and a particular set of matrices, the input-output matrices, define a partial binary operation on each of these sets and prove that we obtain weakly isomorphic weakly partial semigroups. The result of considering this situation can be applied to multiple-step production processes, to material reqirements planning and to internal cost allocation of a business. The results show that Algebra and Discrete Mathematics are quite useful for mathematical modeling in Economy.…

Taschenbuch. Zustand: Neu. Algebra and Discrete Mathematics for Economics | Numbers, Graphs and Matrices in Input-Output Economics | Klaus Denecke | Taschenbuch | Großformatiges Paperback. Klappenbroschur | X | Englisch | 2026 | De Gruyter | EAN 9783112234426 | Verantwortliche Person für die EU: Walter de Gruyter GmbH, De Gruyter GmbH, Genthiner Str. 13, 10785 Berlin, productsafety[at]degruyterbrill[dot]com | Anbieter: preigu. …