A.M. Tsirlin, () (Program Systems Institute of the Russian Academy of Sciences, Pereslavl-Zalesskij, Russia) V. Kazakov, (School of Finance and Economics, University of Technology Sydney, Australia) N.A. Alimova (Program Systems Institute of the Russian Academy of Sciences, Pereslavl-Zalesskij, Russia) A.A. Ahremenkov (Program Systems Institute of the Russian Academy of Sciences, Pereslavl-Zalesskij, Russia)
Abstract
In this paper the properties of the wealth function of an economic system are studied. An economic analog of the Gibbs-Duhem equation is derived. Equilibrium states and limiting profit extraction regimes in non-equilibrium economic systems are obtained for the Cobb-Douglas wealth function.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.