A THEORY OF CONVEX DIFFERENTIALS IN ECONOMICS
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Abstract
This paper proposes a concept of convex and linear functions as convex differentials among subsets of commodity and price spaces in a convex and Euclidean space linearity. These subsets are tied together in the whole commodity and price space through fixed-points' equilibrium structure in the form of nonnegative price functions under General Equilibrium Theory. The Economic outcome is a necessarily mutual pricing imperative between a new technology and its market development aspect implying imports and exports to be complements, not substitutes. The theoretical method adopted here is for a mathematical existence result.
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How to Cite
Adil Ahmad Mughal. (2024). A THEORY OF CONVEX DIFFERENTIALS IN ECONOMICS. International Journal of Contemporary Issues in Social Sciences, 3(1), 1812–1818. Retrieved from http://ijciss.org/index.php/ijciss/article/view/677
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