Original scientific paper

Mathematical Models and Equilibrium in Irreversible Microeconomics

Anatoly M. Tsirlin ; Program Systems Institute of the Russian Academy of Sciences, Pereslavl-Zalesskij, Russia
Sergey A. Amelkin ; Program Systems Institute of the Russian Academy of Sciences, Pereslavl-Zalesskij, Russia

Abstract

A set of equilibrium states in a system consisting of economic agents, economic reservoirs, and firms is considered. Methods of irreversible microeconomics are used. We show that direct sale/purchase leads to an equilibrium state which depends upon the coefficients of supply/demand functions. To reach the unique equilibrium state it is necessary to add either monetary exchange or an intermediate firm.

Keywords

irreversible microeconomics; mathematical models; thermodynamics

Hrčak ID:

76781

URI

https://hrcak.srce.hr/76781

Publication date:

1.7.2010.

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