This book presents the history of economic thought as it relates to today’s most pressing problems, and it emphasizes the critical connection that exists between what may seem cold, unrealistic mathematical economic models, and the quality of everyday life of any citizen of the planet earth....

After the criterion of time to examine the evolution of the indicator values that can be given at the time (eg number of human population in year t) or the time (eg GDP in year t). The indicators characterizing economic development are absolute growth, growth rate, the rate increase.

Economic information, such as interpersonal relationships, and lead are usually placed at the basis of the facts and circumstances must always be based on a economic theory well argued. Relations between employees and managers should provide related information in terms of social issues,...

The economic, social, demographic, technological achievements, uneven distribution of raw materials, energy resources, require the opening of all economic systems. Mathematical models, came to help the arguments in this case, I propose a way to "experience" what the real situation is impossible....

The Mean Value Theorem is a great theory and guide for any body who deals with the rate of change. This paper aims to add something to the theory. Even a small addition is better than none, only time will tell the significance of the addition.

In this article, we study the axiomatic foundations of revealed preference theory. We define two revealed relations from the weak and strong revealed preference. The alternative x is preferred to y with respect to U if x, being available in an admissible set implies, the rejecting of y; and x is...

In this article, we study the axiomatic foundations of revealed preference theory. Let P denote the strict and R the weak revealed preference, respectively. The purpose of the paper is to show that weak, strong, and Hansson's axioms of revealed preference can be given as identities using the...

Purification results are important in game theory and statistical decision theory. The purpose of this paper is to prove a general purification theorem that generalizes many authors' results. The key idea of our proof is to make use of the exact law of large numbers. As an application, we show...

We expose a real options theory as a tool for quantifying the value of the operating flexibility of real assets. Additionally, we have pointed out that this theory is an appropriated methodology for determining optimal operating policies, and provide an example of successful application of our...