Volume no :18, Issue no: 2, November (2017)

ON A NEUMANN EQUILIBRIUM STATES IN ONE MODEL OF ECONOMIC DYNAMICS

Author's: S. I. Hamidov
Pages: [87] - [95]
Received Date: August 11, 2017
Submitted by:
DOI: http://dx.doi.org/10.18642/jpamaa_7100121866

Abstract

The model of economic dynamics of Neumann type is considered. With the help of the equilibrium mechanism without loss a trajectory of the model is constructed. The necessary and sufficient conditions for the existence of the equilibrium state without loss is derived.

Keywords

equilibrium mechanisms, superlinear mapping, equilibrium state.