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Lesse, P.F. (1983). The Statistical Dynamics of Socio-Economic Systems. IIASA Collaborative Paper. IIASA, Laxenburg, Austria: CP-83-051
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Abstract
The paper deals with the following problems: (1) relationship between the dynamic changes observed in an economic system at the disaggregated level and, equilibrium description applicable at the aggregated scale; (2) relationship between entropy maximizing models and behavioral (cost minimizing, utility maximizing) models; (3) the answers are provided in terms of an entropy maximizing probability distribution based on topological characteristics of the dynamic equations (Lyapunov functions).
| Item Type: | Monograph (IIASA Collaborative Paper) |
|---|---|
| Research Programs: | Regional Issues Program (RUD) |
| Depositing User: | IIASA Import |
| Date Deposited: | 15 Jan 2016 01:53 |
| Last Modified: | 27 Aug 2021 17:11 |
| URI: | https://pure.iiasa.ac.at/2331 |
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