Special Issue: Mathematics Synergy in Economics and Management Complexity: Practice and Experience
Guest Editors
Prof. Dr. S. A. Edalatpanah
Department of Applied Mathematics, Ayandegan Institute of Higher Education, Tonekabon, Iran
Email: s.a.edalatpanah@aihe.ac.ir ; saedalatpanah@gmail.com
Prof. Fausto Cavallaro
Department of Economics, University of Molise, Italy
Email: cavallaro@unimol.it
Dr. Shangkun Deng
Financial Research Institute, College of Economics and Management, China Three Gorges University, Yichang 443002, China
Email: dsk8672@163.com
Dr. Seyed Mojtaba Sajadi
School of Strategy and Leadership, Faculty of Business and law, Coventry University, UK
Email: mojtaba.sajadi@coventry.ac.uk
Manuscript Topics
More than half a century ago, a remarkable intellectual revolution began with an emphasis on mathematics that transformed the fields of economics, finance, and humanities from a collection of anecdotes and accounting identities to a discipline with general principles and systematic empirical evaluations of hypotheses. In the succeeding decades, these disciplines were formed and shaped by the astounding evolution of the practice. Nowadays, complex economic, financial, and managerial systems are interlaced with contemporary human societies. Such complex systems exhibit a behavior distinct from complex natural and technical systems due to the advent of unpredictable and complicated human behavior. Furthermore, the frontiers of these concerns are vague and blurry.
In recent years, mathematical synergy in Economics, management, finance, practical business, and social problems has made great development. It seeks to uncover the ideal solution, aiding in decision-making in economics, management, finance, environmental sustainability, or any type of efficiency. The Black-Scholes model and its several extensions for pricing options, for instance, have had a significant impact on financial practice. Consumption-investment models, portfolio management, securities analysis, and risk assessment and management with financial derivatives are only a few examples. On the other hand, there have been ever-increasing challenges, trends, and emphasis on utilizing mathematics to tackle these issues. For example, businesses are constantly confronted with obstacles that must be overcome in order to prevent further complications; firms are increasingly focused on exploiting data for competitive advantage; and the methods used for forecasting and running operations are grounded in business mathematics. With the aid of mathematics synergy, these daily problems can be tackled successfully, and this has led to numerous new and interesting theoretical discoveries. Therefore, mathematics helps not only to compute but also to analyze and solve these difficulties.
The purpose of this special issue is to bring together original research and comprehensive review articles addressing the existing and emerging major problems in the management, and social fields that can be handle by theory and practice of mathematical modelling. Moreover, submissions discussing analytics in complex systems with a particular focus on the development and applications of new quantitative methods and advanced mathematics infrastructure are welcome.
Potential topics include but are not limited to the following:
• Development and modification of mathematical modelling in management systems
• Computational modelling in economic and financial complex systems
• Multilevel modeling techniques
• Complexity in data-driven models
• Time series modeling and forecasting
• Risk assessment and credit analysis
• Uncertainty in social complex problems
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