Some Pansystems Models of General Equilibrium in Economics

Chen Beifang, Wu Xuemou

Research output: Contribution to journalReview articlepeer-review

Abstract

Equilibrium is an important problem in mathematical economics. The paper deals with the problem by establishing pansystems models of equilibrium and introducing ɛ-equilibrium solutions. Under the framework of these models, we discuss the existence of equilibrium solution and the ranges where prices, demand and supply commodities vary, respectively.

Original languageEnglish
Pages (from-to)37
Number of pages1
JournalKybernetes
Volume14
Issue number1
DOIs
Publication statusPublished - Jan 1985
Externally publishedYes

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