Existence of trajectories with unbounded consumption for a model with innovations (Q2491537)
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English | Existence of trajectories with unbounded consumption for a model with innovations |
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Existence of trajectories with unbounded consumption for a model with innovations (English)
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29 May 2006
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The author considers the model with discrete innovations introduced by V. L. Makarov and studied by A. J. Zaslavski. In this model the state of the economy is determined by a set of operating technologies, a collection of funds corresponding to these technologies, and a set of known, but as yet not implemented technologies. To introduce a new technology, expenditures of the already utilized types of funds are required. As a result of these expenditures, the new technology at the next instant of time will be introduced into action with a certain initial reserve of new funds. In such a model the author establishes the existence of trajectories with unbounded consumption.
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