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econ.TH2021
Modeling the out-of-equilibrium dynamics of bounded rationality and economic constraints
Oliver Richters
The analogies between economics and classical mechanics can be extended from constrained optimization to constrained dynamics by formalizing economic (constraint) forces and econom…
math-ph2021★ 17 cited
Helmholtz decomposition and potential functions for n-dimensional analytic vector fields
Erhard Glötzl, Oliver Richters
The Helmholtz decomposition splits a sufficiently smooth vector field into a gradient field and a divergence-free rotation field. Existing decomposition methods impose constraints…