IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/128833.html

The Autopoietic Model of Economic Reproduction (AMER)

Author

Listed:
  • Leiashvily, Paata

Abstract

Classical general equilibrium theory specifies the conditions under which equilibrium may exist, but offers limited insight into the dynamics of its attainment. This paper addresses that gap by developing a recursive dynamic formulation of the Symmetric Model of General Economic Equilibrium, interpreted here as the Autopoietic Model of Economic Reproduction (AMER). The economy is represented as an operationally closed system in which products and resources recursively reproduce one another through decentralized exchange and feedback. The analysis shows that, once realistic time lags in price transmission between interdependent product and resource markets are introduced, the adjustment process does not converge to equilibrium but generates persistent endogenous oscillations. Explicit analytical conditions for the emergence of such dynamics are derived and linked to behavioral parameters, including the speed of price adjustment, demand inertia, and cyclical changes in the propensity to save and the propensity to expand production. These propensities are themselves influenced by optimistic and pessimistic expectations generated by the cycle. The paper further shows that this mechanism is robust across extensions with money, foreign trade, and multi-level production, thereby shifting the focus of general equilibrium analysis from equilibrium states to the recursive dynamics of decentralized coordination.

Suggested Citation

  • Leiashvily, Paata, 2026. "The Autopoietic Model of Economic Reproduction (AMER)," MPRA Paper 128833, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:128833
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/128833/1/MPRA_paper_128833.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Luís M.A. Bettencourt & Christa Brelsford, 2015. "Industrial Ecology: The View From Complex Systems," Journal of Industrial Ecology, Yale University, vol. 19(2), pages 195-197, April.
    2. Bob Jessop, 2001. "Institutional Re(turns) and the Strategic – Relational Approach," Environment and Planning A, , vol. 33(7), pages 1213-1235, July.
    3. Zhiwei Gao & De-Xing Kong & Michael Z. Q. Chen, 2015. "Modeling and Control of Complex Dynamic Systems 2014," Journal of Applied Mathematics, Hindawi, vol. 2015, pages 1-2, March.
    4. Maartje A. H. J. van Kessel & Daan R. Speth & Mads Albertsen & Per H. Nielsen & Huub J. M. Op den Camp & Boran Kartal & Mike S. M. Jetten & Sebastian Lücker, 2015. "Complete nitrification by a single microorganism," Nature, Nature, vol. 528(7583), pages 555-559, December.
    5. Sieds, 2015. "Complete Volume LXIX n. 4 2015," RIEDS - Rivista Italiana di Economia, Demografia e Statistica - The Italian Journal of Economic, Demographic and Statistical Studies, SIEDS Societa' Italiana di Economia Demografia e Statistica, vol. 69(4), pages 1-192, October-D.
    6. repec:plo:pone00:0123886 is not listed on IDEAS
    7. Sidorova A.D., 2015. "Complex Internet Promotion of Goods and Services," Annals of marketing-mba, Department of Marketing, Marketing MBA (RSconsult), vol. 3, November.
    8. Zhiwei Gao & De-Xing Kong & Michael Z. Q. Chen, 2015. "Modeling and Control of Complex Dynamic Systems 2014," Journal of Applied Mathematics, John Wiley & Sons, vol. 2015(1).
    9. Leiashvily, Paata, 2020. "Macroeconomic Order from Microeconomic Chaos," MPRA Paper 102436, University Library of Munich, Germany.
    10. Leiashvily, Paata, 2025. "Circular Organization of Economic Processes: Symmetric Model of Economic Equilibrium," MPRA Paper 126765, University Library of Munich, Germany.
    11. Leiashvily, Paata, 2017. "The Relativity Theory of General Economic Equilibrium," MPRA Paper 83291, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Leiashvily, Paata, 2022. "The Economy as a Complex System of Economic Actions: In Search of a New Paradigm," MPRA Paper 116226, University Library of Munich, Germany.
    2. Леиашвили, Паата, 2022. "Экономика Как Сложная Система: В Поисках Новой Парадигмы [The Economy as a Nonlinear Complex System: In Search of a New Paradigm]," MPRA Paper 114140, University Library of Munich, Germany.
    3. Leiashvily, Paata, 2025. "Воспроизводство, Циклы И Критика Снс: Переосмысление Проблемы Воспроизводства [Reproduction, Cycles, and the Critique of the SNA: Rethinking the Problem of Reproduction]," MPRA Paper 125995, University Library of Munich, Germany.
    4. Leiashvily, Paata, 2024. "Симметричная Модельэкономического Равновесия: Круговая Организация Экономических Рроцессов [Symmetric Model of Economic Equilibrium: Circular Organization of Economic Processes]," MPRA Paper 119783, University Library of Munich, Germany.
    5. Leiashvily, Paata, 2022. "The Economy as a Nonlinear Complex System: In Search of a New Paradigm," MPRA Paper 113601, University Library of Munich, Germany.
    6. Gros, Daniel & De Groen, Willem Pieter, 2015. "Will the Single Resolution Fund be a ‘baby tiger’ during the transition?," CEPS Papers 11192, Centre for European Policy Studies.
    7. Leiashvili, Paata, 2025. "Симметричная Модель Экономического Равновесия: Диалог С Искусственным Интеллектом [Symmetric Model of Economic Equilibrium: Dialogue with Artificial Intelligence]," MPRA Paper 124736, University Library of Munich, Germany.
    8. Leiashvily, Paata, 2023. "Symmetric Model of Economic Equilibrium: Circular Organization of Economic Processes," MPRA Paper 119594, University Library of Munich, Germany.
    9. Köberle, Alexandre C. & Garaffa, Rafael & Cunha, Bruno S.L. & Rochedo, Pedro & Lucena, André F.P. & Szklo, Alexandre & Schaeffer, Roberto, 2018. "Are conventional energy megaprojects competitive? Suboptimal decisions related to cost overruns in Brazil," Energy Policy, Elsevier, vol. 122(C), pages 689-700.
    10. Leiashvili, Paata, 2025. "Symmetric Model of Economic Equilibrium: Dialogue with Artificial Intelligence," MPRA Paper 124088, University Library of Munich, Germany.
    11. Mohammad Mehdi Tanaomi & Robert Reza Asaadi, 2017. "A Comparative Study of Faculty Members’ Career Advancement (Promotion) Systems in the United States and the Islamic Republic of Iran: Case Analysis of the University of Tehran and Portland State University," International Journal of Higher Education, Sciedu Press, vol. 6(4), pages 111-111, August.
    12. Anna Herzog, 2022. "Imaginaries, directionalities, agency and new path creation [Imaginaries, directionalities, Akteurshandeln und Pfadkreation]," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 42(3), pages 279-307, December.
    13. Andrew M. Wood, 2004. "Domesticating Urban Theory? US Concepts, British Cities and the Limits of Cross-national Applications," Urban Studies, Urban Studies Journal Limited, vol. 41(11), pages 2103-2118, October.
    14. Brockhaus, Jan & Kalkuhl, Matthias & Kozicka, Marta, "undated". "What Drives India’s Rice Stocks? Empirical Evidence," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235659, Agricultural and Applied Economics Association.
    15. Wilfred Dolfsma, 2013. "Government Failure," Books, Edward Elgar Publishing, number 15372.
    16. Simon Pemberton & Janice Morphet, 2014. "The Rescaling of Economic Governance: Insights into the Transitional Territories of England," Urban Studies, Urban Studies Journal Limited, vol. 51(11), pages 2354-2370, August.
    17. He, Yanying & Li, Yiming & Li, Xuecheng & Liu, Yingrui & Wang, Yufen & Guo, Haixiao & Hou, Jiaqi & Zhu, Tingting & Liu, Yiwen, 2023. "Net-zero greenhouse gas emission from wastewater treatment: Mechanisms, opportunities and perspectives," Renewable and Sustainable Energy Reviews, Elsevier, vol. 184(C).
    18. Ilaria Delponte, 2021. "Institutional and Non-Institutional Governance Initiatives in Urban Transport Planning: The Paradigmatic Case of the Post-Collapse of the Morandi Bridge in Genoa," Sustainability, MDPI, vol. 13(11), pages 1-18, May.
    19. Monios, Jason & Ng, Adolf K.Y., 2021. "Competing institutional logics and institutional erosion in environmental governance of maritime transport," Journal of Transport Geography, Elsevier, vol. 94(C).
    20. Bouncken, Ricarda B. & Fredrich, Viktor, 2016. "Business model innovation in alliances: Successful configurations," Journal of Business Research, Elsevier, vol. 69(9), pages 3584-3590.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:128833. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.