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JOURNALS // Matematicheskoe modelirovanie // Archive

Matem. Mod., 2008 Volume 20, Number 2, Pages 3–12 (Mi mm2144)

This article is cited in 3 papers

On transition to balanced growth in a model of closed decentralized economy

A. P. Abramov

Dorodnitsyn Computing Centre of the Russian Academy of Sciences

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.

Received: 14.06.2005


 English version:
Mathematical Models and Computer Simulations, 2009, 1:1, 105–112

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