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Differential Models And Neutral Systems For Controlling The Wealth Of Nations
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Book Synopsis Differential Models and Neutral Systems for Controlling the Wealth of Nations by : Ethelbert N. Chukwu
Download or read book Differential Models and Neutral Systems for Controlling the Wealth of Nations written by Ethelbert N. Chukwu and published by World Scientific. This book was released on 2001 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph derives from familiar economic principles the dynamics of national income, the interest rate, employment, the value of capital stock, prices, and the cumulative balance of payments. This is a Volterra neutral integrodifferential game of pursuit. The quarry control is government intervention in the form of taxation, control of money supply, tariffs, foreign credit, interest equalization tax, preferential trade agreements (which reduce trade barriers and enhance trade flows between nations), transportation and distance between trading partners. The pursuer controls include wages and productivity. The book provides conditions for controllability and then deduces how big government intervention (compared with private firms' contributions) should be to ensure the possibility of growth.The reader is assumed to be familiar with advanced calculus and to have a working knowledge of ordinary differential equations. The required theory of hereditary systems can be obtained from the book itself.
Book Synopsis A Mathematical Treatment of Economic Cooperation and Competition Among Nations, with Nigeria, USA, UK, China, and the Middle East Examples by : Ethelbert N. Chukwu
Download or read book A Mathematical Treatment of Economic Cooperation and Competition Among Nations, with Nigeria, USA, UK, China, and the Middle East Examples written by Ethelbert N. Chukwu and published by Elsevier. This book was released on 2005-09-30 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book presents a careful mathematical study of Economic Cooperation and Competition among Nations. It appropriates the principles of Supply and Demand and of Rational Expectations to build the dynamic model of the Gross Domestic Products of two groups of nations which are linked up together. The first group consists of Nigeria, the US, the UK and China. The second group is made up of Egypt, the US, Jordan and Israel. The link connecting the four nations of each group is mirrored in the net export function which is broadened to include trade, debts and the inflow or the outflow of wealth from the competing and cooperating nations. This realistic models of the four interacting GDP's, a hereditary differential game of pursuit are validated with historical data from International Financial Statistic Year Book. The Mathematical model is then studied for controllability: from a current initial GDPs a better state can be attained using government and private strategies which are carefully identified. We use regression and differential equation methods to test whether the four countries are competing or cooperating. The consequences of competition or cooperation are explored. Cooperation can be realized and the growth of wealth assured because the system is controllable and we can increase the growth of GDP and then increase the coefficient of cooperation. The outcome may be unbounded growth of wealth for all concerned – the triumph of cooperation. With analogous simple examples the book shows that sufficiently cooperating systems grow unbounded and competing ones are either bounded at best, or become extinct in finite time. If competition is small, i.e., limited, or regulated the GDP's need not be extinct even after a long time. This results are in contrast with popular opinion which advocate competition over cooperation. The detailed policy implication of the cooperation analysis at one time or the other were advocated by Pope John Paul II, President Clinton and President Bush. The mathematical message is clear: the strategy of cooperation is the best way in an Interconnected World: Cooperation triumphs over competition. The same type of analysis allows the book to argue through modeling that prosperity, internal peace and harmony can flourish in Nigeria among the old three regions and the newer six geopolitical regions. The same is true for the four powerful states in the Middle East. Thus the author’s refreshing approach is the "scientific" treatment of cooperation and competition models of the gross-domestic product of two groups of nations – Nigeria, the USA, the UK, and China, and the USA, Egypt, Jordan and Israel. Attempts are made to provide "scientific" answers to broad national policies. It allows predictions of growth to be made with some degree of accuracy for up to 4 years. MATLAB and Maple programs in accompanied CD are provided. The author's individual nations economic models are cited. The dynamics are ordinary and hereditary games of pursuit also cited from the original earlier writings of the author are models of the economic state of each nation – a vector of six things – the gross domestic product (GDP) (y), interest rate R; employment (or unemployment) (L), value of capital stock (k), prices p(t), and therefore inflation and cumulative balance of payment (E). Each economic state is isolated except the impact of export function on aggregate demand. The main difference between this earlier contributions and this book is the link and its apparent policy implications and consequences. Key features:
Book Synopsis Stability and Time-optimal Control of Hereditary Systems by : Ethelbert N. Chukwu
Download or read book Stability and Time-optimal Control of Hereditary Systems written by Ethelbert N. Chukwu and published by World Scientific. This book was released on 2001 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stability and Time-Optimal Control of Hereditary Systems is the mathematical foundation and theory required for studying in depth the stability and optimal control of systems whose history is taken into account. In this edition, the economic application is enlarged, and explored in some depth. The application holds out the hope that full employment and high income growth will be compatible with low prices and low inflation, provided that the control matrix has full rank, i.e., the existing controls are fully effectively used. The book concludes with a new appendix containing complete programs, data, graphs and quantitative results for the US economy.
Book Synopsis Stability and Time-Optimal Control of Hereditary Systems by : E N Chukwu
Download or read book Stability and Time-Optimal Control of Hereditary Systems written by E N Chukwu and published by World Scientific Publishing Company. This book was released on 2001-12-28 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stability and Time-Optimal Control of Hereditary Systems is the mathematical foundation and theory required for studying in depth the stability and optimal control of systems whose history is taken into account. In this edition, the economic application is enlarged, and explored in some depth. The application holds out the hope that full employment and high income growth will be compatible with low prices and low inflation, provided that the control matrix has full rank, i.e., the existing controls are fully effectively used. The book concludes with a new appendix containing complete programs, data, graphs and quantitative results for the US economy.
Author :Ethelbert Nwakuche Chukwu Publisher :Springer Science & Business Media ISBN 13 :9491216260 Total Pages :193 pages Book Rating :4.4/5 (912 download)
Book Synopsis THE OMEGA PROBLEM OF ALL MEMBERS OF THE UNITED NATIONS by : Ethelbert Nwakuche Chukwu
Download or read book THE OMEGA PROBLEM OF ALL MEMBERS OF THE UNITED NATIONS written by Ethelbert Nwakuche Chukwu and published by Springer Science & Business Media. This book was released on 2010-09-01 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph, a sequel to the author's highly successfull A Mathematical Treatment of Economic Cooperation and Competition Among Nations: With Nigeria, USA, UK, China and Middle East Examples (Academic Press, 2005), extends the study to all member states of the United Nations. It derives the equations of the key economic variables of gross domestic product, interest rate, employment value of capital stock prices (inflation) and cumulative balance of payment. The derivation is based on the differential market principle of supply and demand and on the rational expectation principle. The models are validated using economic time series of each country and MATLAB programs. The emerging dynamics is a differential game of pursuit which is converted to a hereditary control system for a single nation. Following the same method we derive the full hereditary economic model of all members of the United Nations joined together by external trade, investment capital flow consumption employment and governments' economic intervention all mirrored by interacting gross domestic products. The system is validated with IMF and World Bank data.Studies are made on how to arrest economic recession and depression and promote economic growth and prosperity. Diffusion of wealth is also touched upon. Policies regarding economic stimulus, how to dam the decay of capital flow, as well as conditions to promote full employment are discussed. Examination is made to test for the global systems controllability the possibility of steering any current bad economic state to a state of growth of its GDP, low interest rate, full employment, good value of capital stock, low inflation and a positive value of the cumulative balance of payments. The book prescribes verifiable broad policies for all nations together to promote prosperity, diffusion of wealth and longevity. The book comes with full programs, output and identified equations which can be downloaded from the publishers' website. Detailed information is available inside the book.The book is a most valuable source of reference for world leaders, central bank directors, graduates and academic researchers in applied mathematics and applied economics concerned with the current problems and growth of the global economy.
Book Synopsis Economic Dynamics of All Members of the United Nations by : Ethelbert Nwakuche Chukwu
Download or read book Economic Dynamics of All Members of the United Nations written by Ethelbert Nwakuche Chukwu and published by Springer. This book was released on 2014-07-11 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an enduring response to modern economic problems and the consequent crises, dealing with the economic modelling of nations and the forecasting of economic growth. The main arguments embodied constitute the creation of jobs and the restoration of economic growth, using the implicit acceptance of analysis on differential models and neutral systems for controlling the wealth of nations.
Book Synopsis History of Mathematics in Africa: 2000-2011 by : Paulus Gerdes
Download or read book History of Mathematics in Africa: 2000-2011 written by Paulus Gerdes and published by Lulu.com. This book was released on 2011 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Generalized Kinetic Models in Applied Sciences by : Luisa Arlotti
Download or read book Generalized Kinetic Models in Applied Sciences written by Luisa Arlotti and published by World Scientific. This book was released on 2003 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with analytic problems related to some developments and generalizations of the Boltzmann equation toward the modeling and qualitative analysis of large systems that are of interest in applied sciences. These generalizations are documented in the various surveys edited by Bellomo and Pulvirenti with reference to models of granular media, traffic flow, mathematical biology, communication networks, and coagulation models. The first generalization dealt with refers to the averaged Boltzmann equation, which is obtained by suitable averaging of the distribution function of the field particles into the action domain of the test particle. This model is further developed to describe equations with dissipative collisions and a class of models that are of interest in mathematical biology. In this latter case the state of the particles is defined not only by a mechanical variable but also by a biological microscopic state.
Book Synopsis Mathematical Models and Methods for Smart Material by : Mauro Fabrizio
Download or read book Mathematical Models and Methods for Smart Material written by Mauro Fabrizio and published by World Scientific. This book was released on 2002 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains the papers presented at the conference on OC Mathematical Models and Methods for Smart MaterialsOCO, held in Italy in 2001. The papers are divided into four parts: OCOMethods in Materials ScienceOCO deals mainly with mathematical techniques for the investigation of physical systems, such as liquid crystals, materials with internal variables, amorphous materials, and thermoelastic materials. Also, techniques are exhibited for the analysis of stability and controllability of classical models of continuum mechanics and of dynamical systems.OCOModelling of Smart MaterialsOCO is devoted to models of superfluids, superconductors, materials with memory, nonlinear elastic solids, and damaged materials. In the elaboration of the models, thermodynamic aspects play a central role in the characterization of the constitutive properties.OCOWell-Posedness in Materials with MemoryOCO deals with existence, uniqueness and stability for the solution of problems, most often expressed by integrodifferential equations, which involve materials with fading memory. Also, attention is given to exponential decay in viscoelasticity, inverse problems in heat conduction with memory, and automatic control for parabolic equations.OCOAnalytic Problems in Phase TransitionsOCO discusses nonlinear partial differential equations associated with phase transitions, and hysteresis, possibly involving fading memory effects. Particular applications are developed for the phase-field model with memory, the Stefan problem with a Cattaneo-type equation, the hysteresis in thermo-visco-plasticity, and the solid-solid phase transition."
Book Synopsis Motor Vehicle Dynamics: Modelling And Simulation by : Giancarlo Genta
Download or read book Motor Vehicle Dynamics: Modelling And Simulation written by Giancarlo Genta and published by World Scientific. This book was released on 1997-04-19 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book starts with an historical overview of road vehicles. The first part deals with the forces exchanged between the vehicle and the road and the vehicle and the air with the aim of supplying the physical facts and the relevant mathematical models about the forces which dominate the dynamics of the vehicle.The second part deals with the dynamic behaviour of the vehicle in normal driving conditions with some extensions towards conditions encountered in high-speed racing driving.
Book Synopsis Mathematics in African History and Cultures by : Paulus Gerdes
Download or read book Mathematics in African History and Cultures written by Paulus Gerdes and published by Lulu.com. This book was released on 2007 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume constitutes an updated version of the bibliography published in 2004 by the African Mathematical Union. The African Studies Association attributed the original edition a 'ÂÂspecial mention'ÂÂ in the 2006 Conover-Porter Award competition. The book contains over 1600 bibliographic entries. The appendices contain additional bibliographic information on (1) mathematicians of the Diaspora, (2) publications by Africans on the history of mathematics outside Africa, (3) time-reckoning and astronomy in African history and cultures, (4) string figures in Africa, (5) examples of books published by African mathematicians, (6) board games in Africa, (7) research inspired by geometric aspects of the 'ÂÂsona'ÂÂ tradition. The book concludes with several indices (subject, country, region, author, ethnographic and linguistic, journal, mathematicians). Professor Jan Persens of the University of the Western Cape (South Africa) and president of the African Mathematical Union (2000-2004) wrote the preface.
Book Synopsis Applied and Industrial Mathematics in Italy II by : Vincenzo Cutello
Download or read book Applied and Industrial Mathematics in Italy II written by Vincenzo Cutello and published by World Scientific. This book was released on 2007 with total page 642 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial mathematics is evolving into an important branch of mathematics. Mathematicians, in particular in Italy, are becoming increasingly aware of this new trend and are engaged in bridging the gap between highly specialized mathematical research and the emerging demand for innovation from industry. The contributions in this volume provide both R&D workers in industry with a general view of existing skills, and academics with state-of-the-art applications of mathematics to real-world problems, which may also be incorporated in advanced courses.
Book Synopsis Wavelet and Wave Analysis as Applied to Materials with Micro Or Nanostructure by : Carlo Cattani
Download or read book Wavelet and Wave Analysis as Applied to Materials with Micro Or Nanostructure written by Carlo Cattani and published by World Scientific. This book was released on 2007 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: This seminal book unites three different areas of modern science: the micromechanics and nanomechanics of composite materials; wavelet analysis as applied to physical problems; and the propagation of a new type of solitary wave in composite materials, nonlinear waves. Each of the three areas is described in a simple and understandable form, focusing on the many perspectives of the links among the three.All of the techniques and procedures are described here in the clearest and most open form, enabling the reader to quickly learn and use them when faced with the new and more advanced problems that are proposed in this book. By combining these new scientific concepts into a unitary model and enlightening readers on this pioneering field of research, readers will hopefully be inspired to explore the more advanced aspects of this promising scientific direction. The application of wavelet analysis to nanomaterials and waves in nanocomposites can be very appealing to both specialists working on theoretical developments in wavelets as well as specialists applying these methods and experiments in the mechanics of materials.
Book Synopsis Mathematical Methods for the Natural and Engineering Sciences by : Ronald E. Mickens
Download or read book Mathematical Methods for the Natural and Engineering Sciences written by Ronald E. Mickens and published by World Scientific. This book was released on 2004 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a variety of methods required for the analysis and solution of equations which arise in the modeling of phenomena from the natural and engineering sciences. It can be used productively by both undergraduate and graduate students, as well as others who need to learn and understand these techniques. A detailed discussion is also presented for several topics that are usually not included in standard textbooks at this level: qualitative methods for differential equations, dimensionalization and scaling, elements of asymptotics, difference equations, and various perturbation methods. Each chapter contains a large number of worked examples and provides references to the appropriate literature.
Book Synopsis Advanced Mathematical and Computational Tools in Metrology VI by : P Ciarlini
Download or read book Advanced Mathematical and Computational Tools in Metrology VI written by P Ciarlini and published by World Scientific. This book was released on 2004-07-09 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume collects refereed contributions based on the presentations made at the Sixth Workshop on Advanced Mathematical and Computational Tools in Metrology, held at the Istituto di Metrologia “G. Colonnetti” (IMGC), Torino, Italy, in September 2003. It provides a forum for metrologists, mathematicians and software engineers that will encourage a more effective synthesis of skills, capabilities and resources, and promotes collaboration in the context of EU programmes, EUROMET and EA projects, and MRA requirements. It contains articles by an important, worldwide group of metrologists and mathematicians involved in measurement science and, together with the five previous volumes in this series, constitutes an authoritative source for the mathematical, statistical and software tools necessary to modern metrology. The proceedings have been selected for coverage in: Index to Scientific & Technical Proceedings® (ISTP® / ISI Proceedings)Index to Scientific & Technical Proceedings (ISTP CDROM version / ISI Proceedings)CC Proceedings — Engineering & Physical Sciences Contents:Processing the Coherent Anomalies on Digitalized Surfaces in Wavelet Domain (P Ciarlini & M L Lo Cascio)Least Squares Adjustment in the Presence of Discrepant Data (M G Cox et al.)Some Differences between the Applied Statistical Approach for Measurement Uncertainty Theory and the Traditional Approach in Metrology and Testing (C Perruchet)Compound-Modelling of Metrological Data Series (F Pavese)Validation of Calibration Methods — A Practical Approach (E Filipe)A Hybrid Method for (ℓ1 Approximation (D Lei & J C Mason)A New Off-Line Gain Stabilisation Method Applied to Alpha-Particle Spectrometry (S Pommé & G Sibbens)Development of Software for ANOVA that Can Generate Expressions of Variance Expectations (H Tanaka et al.)Short Course on Uncertainty Evaluation (M G Cox)Software Requirements in Legal Metrology: Short Course Held Adjacent to the Conference (D Richter)and other articles Readership: Researchers, graduate students, academics, professionals and industrialists in metrology. Keywords:Metrology;Measurement Science;Statistics;Software ToolsKey Features:Promotes effective mathematical and computational tools in metrologyClarifies the modelling, statistical and computational requirements in metrologyAssists young researchers in metrology and related fieldsAddresses industrial requirements
Book Synopsis Lecture Notes on the Discretization of the Boltzmann Equation by : N. Bellomo
Download or read book Lecture Notes on the Discretization of the Boltzmann Equation written by N. Bellomo and published by World Scientific. This book was released on 2003 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents contributions on the following topics: discretization methods in the velocity and space, analysis of the conservation properties, asymptotic convergence to the continuous equation when the number of velocities tends to infinity, and application of discrete models. It consists of ten chapters. Each chapter is written by applied mathematicians who have been active in the field, and whose scientific contributions are well recognized by the scientific community.
Book Synopsis Computational Methods for PDE in Mechanics by : Berardino D'Acunto
Download or read book Computational Methods for PDE in Mechanics written by Berardino D'Acunto and published by World Scientific Publishing Company. This book was released on 2004-10-12 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a good introduction to modern computational methods for Partial Differential Equations in Mechanics. Finite-difference methods for parabolic, hyperbolic as well as elliptic partial differential equations are discussed. A gradual and inductive approach to the numerical concepts has been used, such that the presentation of the theory is easily accessible to upper-level undergraduate and graduate students. Special attention has been given to the applications, with many examples and exercises provided along with solutions. For each type of equation, physical models are carefully derived and presented in full details. Windows programs developed in C++ language have been included in the accompanying CD-ROM. These programs can be easily modified to solve different problems, and the reader is encouraged to take full advantage of the innovative features of this powerful development tool.
