Mathematical models and equilibrium in irreversible microeconomics

A set of equilibrium states in a system consisting of economic agents, economic reservoirs, and firms is considered. Methods of irreversible microeconomics are used. We show that direct sale/purchase leads to an equilibrium state which depends upon the coefficients of supply/demand functions. To rea...

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Bibliographic Details
Main Authors: Anatoly M. Tsirlin, Sergey A. Amelkin
Format: Article
Language:English
Published: Croatian Interdisciplinary Society 2010-07-01
Series:Interdisciplinary Description of Complex Systems
Subjects:
Online Access:http://indecs.eu/2010/indecs2010-pp13-23.pdf