IJPAM: Volume 85, No. 6 (2013)

WHY 2000 NOTES ARE UNPOPULAR

Yutaka Nishiyama
Department of Business Information
Faculty of Information Management
Osaka University of Economics
2, Osumi Higashiyodogawa Osaka, 533-8533, JAPAN


Abstract. The Japanese government issued new 2000 yen notes as part of the year 2000 millennial celebrations, but contrary to expectations they are rarely seen in circulation. While there are existing mathematical theories about the best denominations to use to minimize the amount of change given in financial transactions, this problem can also be reexamined as a difference between Eastern and Western cultures and their respective predilection for even and odd numbers, which might explain why the 2000 bill has not taken root here.

Received: December 21, 2012

AMS Subject Classification: 01A27, 00A09, 97A40

Key Words and Phrases: binary numbers, ternary numbers, 2000 note, £20 note, even and odd numbers, Yin-Yang, 4 aversion, 13 aversion

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DOI: 10.12732/ijpam.v85i6.2 How to cite this paper?
Source:
International Journal of Pure and Applied Mathematics
ISSN printed version: 1311-8080
ISSN on-line version: 1314-3395
Year: 2013
Volume: 85
Issue: 6