THE ROAD TAKEN (AND NOT TAKEN) IN THE MATHEMATIZATION OF ECONOMICS

Cassey Lee

New Mathematics and Natural Computation (NMNC), 2012, vol. 08, issue 01, 73-80

Abstract: The work of K. 'Vela' Velupillai has illuminated the debate on the mathematization of economics by providing a broader view of the universe of mathematics and its possible applications in economics. The theoretical and policy consequences from the peculiar mode of mathematization in economics is another important theme in Vela work. Alternative modes of mathematization are offered with a call for an "Algorithmic Economics" in the future.

Keywords: Economics; mathematization; computability; velupillai (search for similar items in EconPapers)
Date: 2012
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DOI: 10.1142/S1793005712400030

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