✦ LIBER ✦
Financial laws as algebraic automata
✍ Scribed by Salvador Cruz Rambaud; José García Pérez
- Publisher
- John Wiley and Sons
- Year
- 2001
- Tongue
- English
- Weight
- 167 KB
- Volume
- 16
- Category
- Article
- ISSN
- 0884-8173
- DOI
- 10.1002/int.1051
No coin nor oath required. For personal study only.
✦ Synopsis
´Ít is shown that the concept of financial law has the structure of an automaton. Furthermore, a financial law induces a group structure into the monoid of the automaton. The concepts of stationary, stationary of order n, and dynamic financial laws are deduced, proving two algebraic characterizations. Finally the concept of a-stationary financial law and some applications are introduced.