Conference devoted to the 90th anniversary of Alexei A. Lyapunov

Akademgorodok, Novosibirsk, Russia, October 8-11, 2001,
(state registration number 0320300064)

Abstracts


Cybernetiks

Core and Equilibria in Nonatomic Mixed Economy

Vasil'ev V.A.

Sobolev Institute of Mathematics (Novosibirsk)

This paper is concerned with the core equivalence theorems in a model of mixed economy. An essential feature of this model is that two different regulation mechanisms function jointly: central planning and flexible market prices. To provide a characterization of equilibria in nonatomic mixed economy in terms of coalitional stability, a fuzzy-core approach, based on the classic Lyapunov Convexity Theorem, is proposed.

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Note. Abstracts are published in author's edition



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