eprintid: 4101
rev_number: 21
eprint_status: archive
userid: 351
dir: disk0/00/00/41/01
datestamp: 2016-01-15 02:04:06
lastmod: 2021-08-27 17:14:46
status_changed: 2016-01-15 02:04:06
type: monograph
metadata_visibility: show
item_issues_count: 2
creators_name: Arkin, V.I.
creators_name: Slastnikov, A.D.
creators_id: AL0010
title: Change in Economic Mechanism: Model of Evolutionary Transition from Budgets Regulation to Competitive Market
ispublished: pub
internal_subjects: iis_ecn
internal_subjects: iis_mod
divisions: prog_ted
abstract: In the framework of dynamic equilibrium theory we propose a model of evolutionary transition from Economy with centralized budgets regulation to Market Economy (with self-financing). It is assumed that information about possible change of economic mechanism affects essentially on behavior of agents. Duration of transition period is regarded as a random variable. We study conditions when such transition allows firms to adapt their plans to future market and guarantees an existence of equilibrium paths. It is also discussed the case of Shock (instantaneous transition) which may bring to bankruptcy, jump of prices and deficit.
date: 1994-11
date_type: published
publisher: WP-94-111
iiasapubid: WP-94-111
price: 10
creators_browse_id: 1693
full_text_status: public
monograph_type: working_paper
place_of_pub: IIASA, Laxenburg, Austria
coversheets_dirty: FALSE
fp7_type: info:eu-repo/semantics/book
citation:   Arkin, V.I. <https://pure.iiasa.ac.at/view/iiasa/1693.html> & Slastnikov, A.D.  (1994).  Change in Economic Mechanism: Model of Evolutionary Transition from Budgets Regulation to Competitive Market.   IIASA Working Paper. IIASA, Laxenburg, Austria: WP-94-111     
document_url: https://pure.iiasa.ac.at/id/eprint/4101/1/WP-94-111.pdf