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Application of survival theory in taxation

  • * Corresponding author: Enkhbat Rentsen

    * Corresponding author: Enkhbat Rentsen 

The second author is supported by NUM grant P2019-3751

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  • The paper deals with the application of the survival theory in economic systems. Theory and methodology of survival is used to evaluate fiscal policy. The survival of the system reduces to a problem of maximizing a radius of a cube inscribed into a polyhedral set so-called the target-oriented purpose [1-5]. We show that the survival theory can be applied to the government fiscal policy optimizing a taxation system. Numerical simulations were conducted using Mongolian statistical data for 2015.

    Mathematics Subject Classification: Primary: 90C05, 90C25; Secondary: 90C99.


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    [7] R. EnkhbatM. V. Barkova and A. S. Strekalovsky, Solving Malfatti's high dimensional problem by global optimization, Numer. Algebra Control Optim., 6 (2016), 153-160.  doi: 10.3934/naco.2016005.
    [8] L. Ljungvist and  T. J. SargentRecursive Macroeconomic Theory, The MIT Press, 2000. 
    [9] C. Malfatti, Memoria Sopra una Problema Stereotomico, Memoria di Matematica e di Fisica della Societa italiana della Scienze, 10 (1803), 235-244. 
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