• Title of article

    Inflation and Relaxation to Equilibrium in a Complex Economic System

  • Author/Authors

    RP.J. PERAZZO، نويسنده , , tt S.L. REICH: J. SCI-IVARZER’ and M.A. VIIUSORO*، نويسنده ,

  • Issue Information
    ماهنامه با شماره پیاپی سال 1995
  • Pages
    16
  • From page
    455
  • To page
    470
  • Abstract
    We 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
  • Serial Year
    1995
  • Journal title
    Chaos, Solitons and Fractals
  • Record number

    922302