Object

Title: Existence and uniqueness of the producers’ optimal adjustment trajectory in a Debreu-type economy

Creator:

Lipieta, Agnieszka

Description:

Mathematical Economics, 2015, Nr 11 (18), s. 55-68

Abstrakt:

The aim of this paper is the analysis of adjustment processes in a Debreu-type economy. The reasons taken into account, e.g. incentives, cooperation of economic agents under full access to information, the way of sending messages described formally, are the basis for defining adjustment trajectories. Some reasons, such as introducing new legal requirements or implementing new profitable technologies formulated in mathematical language, can contribute to the transformation of the production sector and induce an appropriate way of adjusting the producers’ plans of action. This survey relies on an examination of the relationships between quantities of goods and quantities of the productive factors used to produce them. As a result, the optimal producers’ trajectories, due to the criterion of cost minimization, are defined. The paper also contains some remarks on the uniqueness of the trajectories under study.

Publisher:

Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu

Place of publication:

Wrocław

Date:

2015

Resource Type:

artykuł

Resource Identifier:

doi:10.15611/me.2015.11.05 ; oai:dbc.wroc.pl:34435

Language:

eng

Relation:

Mathematical Economics, 2015, Nr 11 (18)

Access Rights:

Dla wszystkich zgodnie z licencją

License:

CC BY-NC-ND

Location:

Uniwersytet Ekonomiczny we Wrocławiu

Group publication title:

Mathematical Economics

Format:

application/pdf

Object collections:

Last modified:

Oct 17, 2019

In our library since:

Oct 10, 2016

Number of object content hits:

118

All available object's versions:

https://dbc.wroc.pl/publication/37951

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