Title of article :
Inflation and relaxation to equilibrium in a complex economic system
Author/Authors :
R.P.J. Perazzo، نويسنده , , M.A. Virasoro، نويسنده ,
Issue Information :
ماهنامه با شماره پیاپی سال 1995
Abstract :
picture an economic system as a network of agents that produce goods and buy and sell them to each other. The dynamic of the system is described by simple behavioural equations that describe the change of prices and production rates of each agent. The model, albeit schematic naturally contains a monetary policy and also shows the influence of the changes in relative prices to trigger and propagate inflation.
Journal title :
Chaos, Solitons and Fractals
Journal title :
Chaos, Solitons and Fractals