On the validity of use of physical equations and principles in the socio-economic field and on the predictability of socio-economic system dynamics
Usually, the various empirical and semi-empirical equations and mathematical models are used to study the dynamics of socio-economic systems. In this case, there are very often questions related to the validity of application of such equations and models. In this paper, it is shown that the dynamic...
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Format: | Article |
Language: | English |
Published: |
Vilnius University Press
2015-01-01
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Series: | Nonlinear Analysis |
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Online Access: | http://www.zurnalai.vu.lt/nonlinear-analysis/article/view/13548 |