Abstract:
The aim of this paper is to investigate the mechanism of decision making such that a multisector decentralized economy can transit to balanced growth. The first variant of such mechanism based on the physical indicator of sales. The second one based on the maximization of expected profit. In the latter case the price depends on the volume of output. As it shown both variants solve the given task.
Citation:
A. p. Abramov, “On transition to balanced growth in a model of closed decentralized economy”, Mat. Model., 20:2 (2008), 3–12; Math. Models Comput. Simul., 1:1 (2009), 105–112
\Bibitem{Abr08}
\by A.~p.~Abramov
\paper On transition to balanced growth in a model of closed decentralized economy
\jour Mat. Model.
\yr 2008
\vol 20
\issue 2
\pages 3--12
\mathnet{http://mi.mathnet.ru/mm2144}
\mathscinet{http://mathscinet.ams.org/mathscinet-getitem?mr=2421821}
\zmath{https://zbmath.org/?q=an:1150.91466}
\transl
\jour Math. Models Comput. Simul.
\yr 2009
\vol 1
\issue 1
\pages 105--112
\crossref{https://doi.org/10.1134/S2070048209010116}
\scopus{https://www.scopus.com/record/display.url?origin=inward&eid=2-s2.0-84929071820}
Linking options:
https://www.mathnet.ru/eng/mm2144
https://www.mathnet.ru/eng/mm/v20/i2/p3
This publication is cited in the following 3 articles:
Alexander P. Abramov, Lecture Notes in Economics and Mathematical Systems, 672, Balanced and Cyclical Growth in Models of Decentralized Economy, 2014, 41
A. P. Abramov, “Tsiklicheskii rost v modeli zamknutoi detsentralizovannoi ekonomiki”, Probl. upravl., 2 (2012), 32–37
A. P. Abramov, “Investitsii i sbalansirovannyi rost v modeli detsentralizovannoi ekonomiki”, Probl. upravl., 4 (2010), 20–26
Citation in format AMSBIB
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