A mathematical treatment of economic cooperation and competion among nations: with Nigeria, USA, UK, China, and Middle East examples. With CD-ROM. (Q2570023)
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scientific article; zbMATH DE number 2217538
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| English | A mathematical treatment of economic cooperation and competion among nations: with Nigeria, USA, UK, China, and Middle East examples. With CD-ROM. |
scientific article; zbMATH DE number 2217538 |
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A mathematical treatment of economic cooperation and competion among nations: with Nigeria, USA, UK, China, and Middle East examples. With CD-ROM. (English)
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26 October 2005
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In this book, the author develops and derives two major models of the economic state of a nation and studies them in detail. One is an ordinary differential equation game of pursuit using Hajek's idea of reducing this to a control system whose controllability can easily be explored. The second model utilizes the principles of supply and demand and rational expectations. The book also explores the interaction of each group of four nations, namely, Nigeria, US, UK and China as well as the Middle East powers of Egypt, Jordan, Israel and the US again. The book requires an economic and mathematical background in a little more than an advanced undergraduate mathematical analysis. Finally, the book may help to interest mathematicians, numerical analysts and may be useful to Business Managers. It is an excellent well written book.
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economic cooperation
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theoretical analysis
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wealth diffusion and control
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Middle East model
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0.8722633123397827
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0.8056331872940063
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0.7997316718101501
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