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Balanced and Cyclical Growth in Models of Decentralized Economy - ALEXANDER P. ABRAMOV

Balanced and Cyclical Growth in Models of Decentralized Economy

Publisher title : Balanced and Cyclical Growth in Models of Decentralized Economy

ALEXANDER P. ABRAMOV

 
$98.24
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This book is devoted to the study of dynamical models of decentralized economic systems. The models considered are based on the Leontief simple dynamic model with various mechanisms for decentralized planning and management. Branches of the economic system are treated as fully independent economic agents that plan their work according to their own purposes. It is shown that the lack of coordination between economic agents leads to a limit cycle for some economic indicators. Conversely, the exchange of information between the economic agents enables a move toward balanced growth. These results are generalized for the model with dynamics of the productive assets and for the model with the final consumption. The analysis also considers a problem of endogenous technological progress in a decentralized economy. The appendix includes a short review of non-negative matrices. The book offers a valuable resource for mathematical economists and graduate students specializing in mathematical economics.


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Price: $98.24
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Author:  ALEXANDER P. ABRAMOV
Title: Balanced and Cyclical Growth in Models of Decentralized Economy
Release date: December 2019
Editor: LIVRES NUMÉRIQUES DIVERS
Subject: NUL DIVERS
ISBN: 9783319079172 (3319079174)
Renaud-Bray Reference: 3068593
Item nb: 3068593
Digital rights
Format: EPUB
Availability : Canada, other authorized countries.
Digital Rights Management : Adobe DRM
Numeric warehouse : NUMILOG
Number of authorized devices: 3
Number of copy-and-pastes: 0
Print: 0

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Balanced and Cyclical Growth in Models of Decentralized Economy , ABRAMOV , ALEXANDER P.
© LIVRES NUMÉRIQUES DIVERS 2019
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