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Balanced and Cyclical Growth in Models of Decentralized Economy

About Balanced and Cyclical Growth in Models of Decentralized Economy

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.

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  • Language:
  • English
  • ISBN:
  • 9783319079165
  • Binding:
  • Paperback
  • Pages:
  • 194
  • Published:
  • July 29, 2014
  • Edition:
  • 2014
  • Dimensions:
  • 235x157x11 mm.
  • Weight:
  • 340 g.
Delivery: 1-2 weeks
Expected delivery: November 29, 2024

Description of Balanced and Cyclical Growth in Models of Decentralized Economy

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.

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