Conservation laws derived from systemic approach and symmetry

Galiya Klinkova, Michael Grabinski

Abstract


We prove mathematically for the first time that a conserved value must exist in economics. We derive it by using symmetry arguments in the systemic approach. Recently, it has been shown that a conserved value and its rigorous application can avoid any form of financial crises. So it is proven that a financial crisis is for sure avoidable without any other economic sacrifices.

Keywords


Systemic approach; conserved quantities; conserved value; chaos; financial crisis; marketing mix

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DOI: https://doi.org/10.2047/ijltfesvol7iss2-1307-1312

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