Discrete innovations in dynamic models of economies (Q2638912)
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English | Discrete innovations in dynamic models of economies |
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Discrete innovations in dynamic models of economies (English)
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1990
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This paper is devoted to a dynamic model of an economy. Such a model is described by sets of technologies, resources of labour and a set of time- moments. The notion of trajectory is introduced and next a turnpike theorem is formulated and proved.
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sets of technologies
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trajectory
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turnpike theorem
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