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 reach the unique equilibrium state it is necessary to add either monetary exchange or an intermediate firm.
Volume (Year): 8 (2010)
Issue (Month): 1 ()
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