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Reducible von Neumann models and uniqueness

Móczár, József (1995) Reducible von Neumann models and uniqueness. Metroeconomica, 46 (1). pp. 1-15. DOI 10.1111/j.1467-999X.1995.tb00723.x

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Official URL: http://onlinelibrary.wiley.com/doi/10.1111/j.1467-999X.1995.tb00723.x/abstract


Abstract

This paper can be regarded as a result of basic research on the technological characteristics of the von Neumann models and their consequences. It introduces a new taxonomy of reducible technologies, explores their key distinguishing features, and specifies which ones ensure the uniqueness of von Neumann equilibrium. A comprehensive comparison is also given between the familiar (in)decomposability ideas and the reducibility concepts suggested here. All these are carried out with a modern approach. Simultaneously, the reader may also acquire a complete picture of and guidance on the fundamental von Neumann models here.

Item Type:Article
Subjects:Mathematics, Econometrics
Economics
DOI:10.1111/j.1467-999X.1995.tb00723.x
ID Code:709
Deposited By: Ádám Hoffmann
Deposited On:26 Jun 2012 15:02
Last Modified:26 Jun 2012 15:02

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