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Symmetry and Economic Invariance (second enhanced edition) explores how the symmetry and invariance of economic models can provide insights into their properties.

Addresses the following questions on US-Japan relations: Is Japan really different? Has America's sun set? How have conflicting views on the role of government affected US-Japan relations? What are the real differences in American and Japanese industrial policies? And, more.

Distinguished economists from seven countries provide authoritative perspectives within four topical areas: general trade issues; issues in economic development; the Japanese economy; and trial policy and technological change.

Symmetry and Economic Invariance: An Introduction explores how symmetry and invariance of economic models can provide insights into their properties.

The basic features of R & D and of technical change are presented in a descriptive fashion. An economic framework is then developed for studying endogenous technical change.