Publication de 12 numéros par an
ISSN Imprimer: 1064-2315
ISSN En ligne: 2163-9337
Indexed in
Critical States in Dynamical Exchange Model and Recession Phenomenon
RÉSUMÉ
The necessary and sufficient conditions of the existence of economy equilibrium are obtained in an exchange economy model. The sufficient conditions of branching of the strictly positive solutions to the system of equilibrium equations are found. On this basis classification of equilibrium states is given and application of the criticality notion of equilibrium state to the explanation of recession phenomenon is considered. The technique is proposed to detect an economy system approach to the state of recession.
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