Theories of Market Equilibrium

1997 ◽  
pp. 51-79
Author(s):  
GREGORY C. CHOW
Keyword(s):  
2008 ◽  
pp. 31-45 ◽  
Author(s):  
S. Glazyev

The article critically considers basic postulates of quantity theory of money. It shows that they reflect the static state of the economy in abstract models of market equilibrium but do not prove true in actual economic processes. In contrast to monetarists’ view, prices can rise as well as fall even if other variables of the monetarist equation are stable. Thus it cannot be used for grounding monetary policy. The author comes to the conclusion on the dogmatism of Russian monetary authorities that seriously hinders the country’s economic development. He proposes to switch to market organization of money supply basing on regulation of the refinancing rate.


2017 ◽  
pp. 93-110 ◽  
Author(s):  
O. Anchishkina

The article synthesizes information on database analysis of state, municipal, and regulated procurement through which Russian contract institutions and the market model are investigated. The inherent uncertainty of quantity indicators on contracting activities and process is identified and explained. The article provides statistical evidence for heterogeneous market structure in state and municipal procurement, and big player’s dominance. A theoretical model for market behavior, noncooperative competition and collusion is proposed, through which the major trends are explained. The intrinsic flaws and failure of the current contracting model are revealed and described. This ineffectiveness is regarded to be not a limitation, but a challenge to be met. If responded to, drivers for economic growth and market equilibrium will be switched on.


2013 ◽  
Author(s):  
Ivo Družić ◽  
Ana Andabaka Badurina ◽  
Marija Penava

Axioms ◽  
2021 ◽  
Vol 10 (2) ◽  
pp. 44
Author(s):  
Gana Gecheva ◽  
Miroslav Hristov ◽  
Diana Nedelcheva ◽  
Margarita Ruseva ◽  
Boyan Zlatanov

We have obtained a new class of ordered pairs of multivalued maps that have pairs of coupled fixed points. We illustrate the main result with two examples that cover a wide range of models. We apply the main result in models in duopoly markets to get a market equilibrium and in aquatic ecosystems, also to get an equilibrium.


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