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Results tagged with mathematical-economics
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user 108
The application of mathematical methods to represent theories and analyze problems in economics.
3
votes
1
answer
89
views
Help understanding expression for continuous discounting
In footnote 3 of their paper "Patent Breadth, Patent Life, and the Pace of Technological Progress", O'Donoghue Scotchmer and Thisse take a discount rate of $r$ and write
If the flow of profit $\De …
- 17k
6
votes
1
answer
154
views
Textbook covering calculus and probability theory
Is anyone able to recommend a textbook that covers the following topics at a level suitable for econ undergraduates?
Differential calculus, including the various rules of differentiation and partial …
- 17k
11
votes
2
answers
1k
views
When can one safely talk about decreasing marginal utility?
One thing I hear a lot is talk of decreasing marginal utility—the idea being that additional units of a good become progressively less attractive the more units of that good one has already.
However, …
- 17k