Variational approach for a general financial equilibrium problem: The Deficit Formula, the Balance Law and the Liability Formula. A path to the economy recovery

Without using a technical language, but using the universal language of mathematics, we provide simple but significant laws, as Deficit Formula, Balance Law and Liability Formula, for the management of the world economy. Decisions, under these laws, for the recovery of the economy and for the good governance clearly appear. Further a simple but useful economical indicator E(t) is provided and the results are illustrated with a significant example.

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Year of publication:	2014
Authors:	Barbagallo, Annamaria ; Daniele, Patrizia ; Giuffrè, Sofia ; Maugeri, Antonino
Published in:	European Journal of Operational Research. - Elsevier, ISSN 0377-2217. - Vol. 237.2014, 1, p. 231-244
Publisher:	Elsevier
Subject:	Variational inequality formulation \| Lagrange multipliers \| Deficit Formula \| Balance Law \| Liability Formula \| Evaluation Index

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011097844