Reflections Upon the Mathematization of Mayotte's Economy

Victor Bianchini () and Antoine Hochet ()
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Victor Bianchini: PHARE - Philosophie, Histoire et Analyse des Représentations Économiques - UP1 - Université Paris 1 Panthéon-Sorbonne
Antoine Hochet: SENS - Savoirs, ENvironnement et Sociétés - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - UPVM - Université Paul-Valéry - Montpellier 3 - IRD - Institut de Recherche pour le Développement

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Abstract: This chapter envisages that Mayotte's economy could be viewed as a significant issue for the modelization of complex systems in the systemic paradigm – a paradigm which has come into being since the second half of the 20th Century. Despite the long debate on the so-called mathematization of economics since the 19th Century, advanced knowledge in mathematics is a necessity for any postgraduate economist. Though there are several arguments for justifying the mathematization of economics, it is sufficient in the paper to group them into two categories, which are linked: the ontological argument and the linguistic one. The paper uses examples to show the fact that Mayotte's formal economy cannot be strictly separated from informal activities and that their interactions, difficult to mathematize traditionally, might be viewed as issues for the modelization of complex systems.

Keywords: linguistic arguments; mathematization process; Mayotte's economy; ontological arguments (search for similar items in EconPapers)
Date: 2020-02-28
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Published in Solym Mawaki Manou-Abi, Sophie Dabo-Niang and Jean-Jacques Salone (Eds). Mathematical Modeling of Random and Deterministic Phenomena, 1, Wiley, 2020, 9781786304544. ⟨10.1002/9781119706922.ch12⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03214200

DOI: 10.1002/9781119706922.ch12

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