ABOUT APPLIED VALUE OF MATHEMATICAL ABSTRACTION. PRODUCTION FUNCTION IN THE WORKS OF G. B. KLEINER
In this paper we consider a concept of aggregated economic technology introduced by G. B.Kleiner. Basing on the commutativity of an abstract diagram this concept allows to make far-reaching and economically meaningful generalizations. Categories of binary relations provide a natural environment to develop algebraic formalism investigating the concept of aggregated economic technology.