Balanced and cyclical growth in models of decentralized economy
Auteur :
Abramov, Alexander P.
Éditeur :
Springer International Publishing AG
ISBN :
9783319079165
Date de publication :
30 juil. 2014
Dimensions :
23,5 x 15,5 cm
Langue :
Anglais
Pays d'origine :
Suisse
This book is devoted to the study of dynamical models of decentralized economic systems. 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.