Discontinuous functions in gale economic model

I. Bula

doi:10.3846/13926292.2003.9637214

Discontinuous functions in gale economic model

I. Bula^*

^*Šī darba korespondējošais autors

Matemātikas nodaļa

Zinātniskās darbības rezultāts: Devums žurnālam › Zinātniskais raksts (žurnālā) › koleģiāli recenzēts

2 Atsauces (Scopus)

Kopsavilkums

The concept of a general economic equilibrium based on balance of supply and demand has played a central role in theoretical economics since very beginning. One of the basic assumptions in mathematical modelling of the equilibrium economic model is the continuity of functions describing the model. This article analyses simplified version of Gale model from year 1955 by weakening the condition of strict convexity and continuity of utilities functions and proving existence of quasi-equilibrium in generalized Gale model.

Oriģinālvaloda	Angļu
Lapas (no-līdz)	93-102
Lapu skaits	10
Žurnāls	Mathematical Modelling and Analysis
Sējums	8
Izdevuma numurs	2
DOIs	https://doi.org/10.3846/13926292.2003.9637214
Publikācijas statuss	Publicēts - 2003

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1.1 Matemātika

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title = "Discontinuous functions in gale economic model",

abstract = "The concept of a general economic equilibrium based on balance of supply and demand has played a central role in theoretical economics since very beginning. One of the basic assumptions in mathematical modelling of the equilibrium economic model is the continuity of functions describing the model. This article analyses simplified version of Gale model from year 1955 by weakening the condition of strict convexity and continuity of utilities functions and proving existence of quasi-equilibrium in generalized Gale model.",

keywords = "Economic equilibrium, Equilibrium economic model, Gale model, Mathematichal modelling, Quasi-equilibrium",

author = "I. Bula",

year = "2003",

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language = "English",

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KW - Economic equilibrium

KW - Equilibrium economic model

KW - Gale model

KW - Mathematichal modelling

KW - Quasi-equilibrium

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DO - 10.3846/13926292.2003.9637214

M3 - Article

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ER -

Discontinuous functions in gale economic model

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