Original scientific paper

Solving the Nonlinear Economic Equations by Modified Newton Method

Josip Matejaš ; Faculty of Economics and Business, Universtiy of Zagreb, Zagreb, Croatia
Martina Nakić ; Faculty of Economics and Business, Universtiy of Zagreb, Zagreb, Croatia

Abstract

In this paper two ways how to modify the Newton method for solving general equation are presented. The modifications accelerate convergence of the existing method. The modified methods are useful for application to many economic functions and problems.

Keywords

nonlinear equation; iterative method; Newton method; modified Newton method

Hrčak ID:

78683

URI

https://hrcak.srce.hr/78683

Publication date:

1.5.2009.

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