Solving the Nonlinear Economic Equations by Modified Newton Method

Josip Matejaš Martina Nakiæ
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Josip Matejaš Martina Nakiæ: Faculty of Economics, University of Zagreb, Zagreb, Croatia

Zagreb International Review of Economics and Business, 2009, vol. 12, issue 1, 109-125

Abstract: SIn this paper two ways how to modify the Newton method for solving general equation are presented. The modifications accelerate convergence of the existing method. The modified methods are useful for application to many economic functions and problems.

Date: 2009
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