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ACCUMULATION AND CONSUMPTION IN MICROECONOMIC SYSTEM

Two main processes are common for an economic system. They are consumption and accumulation. The first one is described by utility function, either cardinal or ordinal one. The mathematical model for accumulation process can be constructed using wealth function introduced within the frame of irrever...

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Hlavní autor: Serghey A. Amelkin
Médium: Artigo
Jazyk:Inglês
Vydáno: Croatian Interdisciplinary Society 2004-12-01
Edice:Interdisciplinary Description of Complex Systems
Témata:
On-line přístup:http://indecs.eu/2004/indecs2004-pp119-125.pdf
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