APPLYING THE PRINCIPLE OF LEAST EFFECT IN ECONOMICS
Keywords:
space of the economic system, product, asset, good, phase space, trajectory, principle of least action, calculus of variations, functional, Lagrange function or Lagrangian, Euler–Lagrange equations.Abstract
This paper examines questions about the possibility of using methodological approaches of natural and mathematical sciences to the organization and study of economic processes. In particular, the expediency of conducting economic research based on the principle of least action is noted
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