IDEAS home Printed from https://ideas.repec.org/a/gam/jmathe/v8y2020i5p660-d351038.html
   My bibliography  Save this article

Mathematical Economics: Application of Fractional Calculus

Author

Listed:
  • Vasily E. Tarasov

    (Skobeltsyn Institute of Nuclear Physics, Lomonosov Moscow State University, 119991 Moscow, Russia
    Faculty “Information Technologies and Applied Mathematics”, Moscow Aviation Institute (National Research University), 125993 Moscow, Russia)

Abstract

Mathematical economics is a theoretical and applied science in which economic objects, processes, and phenomena are described by using mathematically formalized language [...]

Suggested Citation

  • Vasily E. Tarasov, 2020. "Mathematical Economics: Application of Fractional Calculus," Mathematics, MDPI, vol. 8(5), pages 1-3, April.
    • Handle: RePEc:gam:jmathe:v:8:y:2020:i:5:p:660-:d:351038
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2227-7390/8/5/660/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2227-7390/8/5/660/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Tomas Skovranek, 2016. "The Mittag-Leffler Fitting of the Phillips Curve," Papers 1604.00369, arXiv.org, revised Sep 2019.
    2. Vasily E. Tarasov, 2019. "On History of Mathematical Economics: Application of Fractional Calculus," Mathematics, MDPI, vol. 7(6), pages 1-28, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Vasily E. Tarasov, 2021. "General Fractional Vector Calculus," Mathematics, MDPI, vol. 9(21), pages 1-87, November.
    2. Vasily E. Tarasov, 2020. "Exact Solutions of Bernoulli and Logistic Fractional Differential Equations with Power Law Coefficients," Mathematics, MDPI, vol. 8(12), pages 1-11, December.
    3. Vasily E. Tarasov, 2020. "Non-Linear Macroeconomic Models of Growth with Memory," Mathematics, MDPI, vol. 8(11), pages 1-22, November.
    4. Vasily E. Tarasov, 2021. "Integral Equations of Non-Integer Orders and Discrete Maps with Memory," Mathematics, MDPI, vol. 9(11), pages 1-12, May.
    5. Vasily E. Tarasov, 2021. "General Fractional Dynamics," Mathematics, MDPI, vol. 9(13), pages 1-26, June.
    6. Vasily E. Tarasov, 2023. "Multi-Kernel General Fractional Calculus of Arbitrary Order," Mathematics, MDPI, vol. 11(7), pages 1-32, April.
    7. Jimin Yu & Zeming Zhao & Yabin Shao, 2023. "On Cauchy Problems of Caputo Fractional Differential Inclusion with an Application to Fractional Non-Smooth Systems," Mathematics, MDPI, vol. 11(3), pages 1-18, January.
    8. Vasily E. Tarasov, 2022. "Fractional Dynamics with Depreciation and Obsolescence: Equations with Prabhakar Fractional Derivatives," Mathematics, MDPI, vol. 10(9), pages 1-34, May.
    9. Zain-Aldeen S. A. Rahman & Basil H. Jasim & Yasir I. A. Al-Yasir & Yim-Fun Hu & Raed A. Abd-Alhameed & Bilal Naji Alhasnawi, 2021. "A New Fractional-Order Chaotic System with Its Analysis, Synchronization, and Circuit Realization for Secure Communication Applications," Mathematics, MDPI, vol. 9(20), pages 1-25, October.
    10. Dmitrii Tverdyi & Roman Parovik, 2023. "Hybrid GPU–CPU Efficient Implementation of a Parallel Numerical Algorithm for Solving the Cauchy Problem for a Nonlinear Differential Riccati Equation of Fractional Variable Order," Mathematics, MDPI, vol. 11(15), pages 1-21, July.
    11. Ivana Eliašová & Michal Fečkan, 2022. "Poincaré Map for Discontinuous Fractional Differential Equations," Mathematics, MDPI, vol. 10(23), pages 1-16, November.
    12. Vasily E. Tarasov, 2021. "General Fractional Calculus: Multi-Kernel Approach," Mathematics, MDPI, vol. 9(13), pages 1-14, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. José A. Tenreiro Machado & Maria Eugénia Mata & António M. Lopes, 2020. "Fractional Dynamics and Pseudo-Phase Space of Country Economic Processes," Mathematics, MDPI, vol. 8(1), pages 1-17, January.
    2. Ertuğrul Karaçuha & Vasil Tabatadze & Kamil Karaçuha & Nisa Özge Önal & Esra Ergün, 2020. "Deep Assessment Methodology Using Fractional Calculus on Mathematical Modeling and Prediction of Gross Domestic Product per Capita of Countries," Mathematics, MDPI, vol. 8(4), pages 1-18, April.
    3. Arsen Pskhu & Sergo Rekhviashvili, 2020. "Fractional Diffusion–Wave Equation with Application in Electrodynamics," Mathematics, MDPI, vol. 8(11), pages 1-13, November.
    4. Monica Aureliana Petcu & Liliana Ionescu-Feleaga & Bogdan-Ștefan Ionescu & Dumitru-Florin Moise, 2023. "A Decade for the Mathematics : Bibliometric Analysis of Mathematical Modeling in Economics, Ecology, and Environment," Mathematics, MDPI, vol. 11(2), pages 1-30, January.
    5. Arsen Pskhu, 2020. "Green Functions of the First Boundary-Value Problem for a Fractional Diffusion—Wave Equation in Multidimensional Domains," Mathematics, MDPI, vol. 8(4), pages 1-15, March.
    6. İbrahim Avcı & Nazim I. Mahmudov, 2020. "Numerical Solutions for Multi-Term Fractional Order Differential Equations with Fractional Taylor Operational Matrix of Fractional Integration," Mathematics, MDPI, vol. 8(1), pages 1-24, January.
    7. Shi, Jianping & He, Ke & Fang, Hui, 2022. "Chaos, Hopf bifurcation and control of a fractional-order delay financial system," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 194(C), pages 348-364.
    8. Turkyilmazoglu, Mustafa & Altanji, Mohamed, 2023. "Fractional models of falling object with linear and quadratic frictional forces considering Caputo derivative," Chaos, Solitons & Fractals, Elsevier, vol. 166(C).
    9. Muhammad Imran Liaqat & Ali Akgül & Hanaa Abu-Zinadah, 2023. "Analytical Investigation of Some Time-Fractional Black–Scholes Models by the Aboodh Residual Power Series Method," Mathematics, MDPI, vol. 11(2), pages 1-19, January.
    10. Inés Tejado & Emiliano Pérez & Duarte Valério, 2020. "Fractional Derivatives for Economic Growth Modelling of the Group of Twenty: Application to Prediction," Mathematics, MDPI, vol. 8(1), pages 1-21, January.
    11. Kyriaki Tsilika, 2023. "Exploring the Contributions to Mathematical Economics: A Bibliometric Analysis Using Bibliometrix and VOSviewer," Mathematics, MDPI, vol. 11(22), pages 1-21, November.
    12. Ohud Almutairi & Adem Kılıçman, 2020. "Integral Inequalities for s -Convexity via Generalized Fractional Integrals on Fractal Sets," Mathematics, MDPI, vol. 8(1), pages 1-11, January.
    13. Vasily E. Tarasov, 2020. "Non-Linear Macroeconomic Models of Growth with Memory," Mathematics, MDPI, vol. 8(11), pages 1-22, November.
    14. Wang, Bo & Liu, Jinping & Alassafi, Madini O. & Alsaadi, Fawaz E. & Jahanshahi, Hadi & Bekiros, Stelios, 2022. "Intelligent parameter identification and prediction of variable time fractional derivative and application in a symmetric chaotic financial system," Chaos, Solitons & Fractals, Elsevier, vol. 154(C).
    15. Jean-Philippe Aguilar & Jan Korbel & Yuri Luchko, 2019. "Applications of the Fractional Diffusion Equation to Option Pricing and Risk Calculations," Mathematics, MDPI, vol. 7(9), pages 1-23, September.

    More about this item

    Keywords

    n/a;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jmathe:v:8:y:2020:i:5:p:660-:d:351038. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.