Conservation laws derived from systemic approach and symmetry

Galiya Klinkova and Michael Grabinski

International Journal of Finance, Insurance and Risk Management, 2017, vol. 7, issue 2, 1307

Abstract: We prove mathematically for the first time that a conserved value must exist in economics. We derive it by using symmetry arguments in the systemic approach. Recently, it has been shown that a conserved value and its rigorous application can avoid any form of financial crises. So it is proven that a financial crisis is for sure avoidable without any other economic sacrifices.

Keywords: systemic approach; conserved quantities; conserved value; chaos; financial crisis; marketing mix (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journalfirm.com/journal/174/download (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ers:ijfirm:v:7:y:2017:i:2:p:1307

Access Statistics for this article

More articles in International Journal of Finance, Insurance and Risk Management from International Journal of Finance, Insurance and Risk Management
Bibliographic data for series maintained by Marios Agiomavritis ().