Economic Dynamics with Memory: Fractional Calculus Approach
Jan 2021 · Fractional Calculus in Applied Sciences and Engineering Book 8 · Walter de Gruyter GmbH & Co KG
Ebook
602
Pages
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About this ebook
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.
About the author
Vasily E. Tarasov, Valentina V. Tarasova, Lomonosov Moscow State University, Moscow, Russia
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