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Alexander P. Abramov - Balanced and Cyclical Growth in Models of Decentralized Economy (Lecture Notes in Economics and Mathematical Systems) - 9783319079165 - V9783319079165
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Balanced and Cyclical Growth in Models of Decentralized Economy (Lecture Notes in Economics and Mathematical Systems)

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Description for Balanced and Cyclical Growth in Models of Decentralized Economy (Lecture Notes in Economics and Mathematical Systems) Paperback. Series: Lecture Notes in Economics and Mathematical Systems. Num Pages: 206 pages, biography. BIC Classification: KCB; KCG; PBUD. Category: (P) Professional & Vocational. Dimension: 157 x 235 x 11. Weight in Grams: 340.

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 ... Read more

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Product Details

Format
Paperback
Publication date
2014
Publisher
Springer
Condition
New
Series
Lecture Notes in Economics and Mathematical Systems
Number of Pages
194
Place of Publication
Cham, Switzerland
ISBN
9783319079165
SKU
V9783319079165
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15

About Alexander P. Abramov
Alexander P. Abramov is a Chief Researcher at the Dorodnicyn Computing Centre of the Russian Academy of Sciences, Moscow. Education: 1977 Ph.D. in Mathematics, Moscow Institute for Physics and Engineering, 1997 Dr. of Sc. in Mathematics, Computing Centre of the Russian Academy of Sciences. He became Professor of Applied Mathematics in 2007.

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