## Economic interpretation of fractional derivatives. (arXiv:1712.09575v1 [q-fin.EC])

An economic interpretation of the Caputo derivatives of non-integer orders is proposed. The suggested economic interpretation of the fractional derivatives is based on a generalization of average and marginal values of economic indicators. We formulate an economic interpretation by using the concept of the T-indicator that allows us to describe economic processes with memory. The standard average and marginal values of indicator are special cases of the proposed T-indicator, when the order is equal to zero and one, respectively. The fractional derivatives are interpreted as economic characteristics (indicators) that are intermediate between the standard average and marginal values of indicators.查看全文

## Solidot 文章翻译

 你的名字 留空匿名提交 你的Email或网站 用户可以联系你 标题 简单描述 内容 An economic interpretation of the Caputo derivatives of non-integer orders is proposed. The suggested economic interpretation of the fractional derivatives is based on a generalization of average and marginal values of economic indicators. We formulate an economic interpretation by using the concept of the T-indicator that allows us to describe economic processes with memory. The standard average and marginal values of indicator are special cases of the proposed T-indicator, when the order is equal to zero and one, respectively. The fractional derivatives are interpreted as economic characteristics (indicators) that are intermediate between the standard average and marginal values of indicators.