Application of survival theory in taxation

Badam Ulemj; Enkhbat Rentsen; Batchimeg Tsendpurev

doi:10.3934/jimo.2020083

Article Contents

2021, Volume 17, Issue 5: 2573-2578. Doi: 10.3934/jimo.2020083

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Application of survival theory in taxation

1.
Ulaanbaatar State University, Ulaanbaatar, Mongolia
2.
National University of Mongolia, Ulaanbaatar, Mongolia

^* Corresponding author: Enkhbat Rentsen
^* Corresponding author: Enkhbat Rentsen

Received: August 31, 2019

Revised: December 31, 2019

Early access: April 2020

Published: September 2021

The second author is supported by NUM grant P2019-3751

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Abstract

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.

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

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References

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