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Economics is a science which studies human behaviours as a relationship between ends and scarce means which have alternative uses. Since economic resources are scarce, optimization forms an integral part in the study of economics. In addition, in the presence of imperfect market structure, externalities, imperfect information or public goods, the market fails to provide an efficient allocation mechanism. Optimization of economic activities provides an effective remedial measure for market failures. This contributed volume collects advances in the studies of economics and optimization. Contribu

Economics, Mathematical. --- Economics --- Mathematical optimization. --- Mathematical models. --- Kantorovich, L. V.