Discrete innovations in dynamic models of economies (Q2638912)

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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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