ohutuselemendid

Ohutuseelemendid refers to a concept in economics, which relates to the minimum points of tangency between a production isocline and a range of possible substitution ratios. This concept is crucial in derivology, a branch of economics that deals with the geometry of choice situations.

In derivology, the production isocline represents a line above which substitution of one input for another in a production process becomes too costly due to the law of increasing costs. The ohutuseelemendid concept arises as a connection between points of intersection between this isocline and any possible substitution ratio, forming a locus of points that can be termed substitution tangent. The significance of ohutuseelemendid is in the understanding of the solvability of such choice situations. For any given state of knowledge, including the structure of preferences and sets of access to information, the existence of an ohutuseelemendum for all possible combinations of inputs signifies that the economy can further improve through continuous rational processes, aiming for the capability to sustain its production plan through the best available input distribution.

Furthermore, this concept relates to the internationally famous analysis of Ekkehart Johann Wälde, who in 2015 published extensively on the relationship between derivology and Minimal Substitution Ratios (MSR) curves.

Research into the field continues with various scientists and their teams exploring the theory building its methodology with related concepts.