Object structure
Title:

Proceedings of the 3rd Italian-Polish conference on applications of systems theory to economy, management and technology: Białowieża, Poland, May 26-31, 1976 * Systems theory of economic * Mathematical model of economic exchange

Subtitle:

Książka = Book ; KS/1/1977/R02P06

Creator:

Piasecki, Stanisław ; Siemaszko, Czesław

Publisher:

Instytut Badań Systemowych. Polska Akademia Nauk ; Systems Research Institute. Polish Academy of Sciences

Place of publishing:

Warszawa

Date issued/created:

1977

Description:

[4], 233-237 pages ; 21 cm ; Bibliography p. [0-0]

Type of object:

Book/Chapter

Abstract:

The problem of n-state exchange economy is considered. The economy of each state is described by linear differentia! equation of a retarded type. In the model of the economy there are considered two sectors, the sector of means of production and the sector of means of consumption. Each state designates maximal quantity of desired export. In the framework of this possibility, each state chooses suitable for it quantity of import. This quantity appeares in the equation that describes the model in the form of control. A linear functional is assumed as utility functional. The functional is maximized with respect to import and moreover there is assumed import-export equilibrium to be fulfilled. From mathematical point of view this problem is a n-person differentia} game. Further _generalization are discussed as well.

Relation:

Książka = Book

Resource type:

Text

Detailed Resource Type:

Book

Source:

KS-1977-01-R02P06

Language:

eng

Language of abstract:

eng

Rights:

Creative Commons Attribution BY 4.0 license

Terms of use:

Copyright-protected material. [CC BY 4.0] May be used within the scope specified in Creative Commons Attribution BY 4.0 license, full text available at: ; -

Digitizing institution:

Systems Research Institute of the Polish Academy of Sciences

Original in:

Library of Systems Research Institute PAS

Projects co-financed by:

Operational Program Digital Poland, 2014-2020, Measure 2.3: Digital accessibility and usefulness of public sector information; funds from the European Regional Development Fund and national co-financing from the state budget.

Access:

Open

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