Problem of economic regulation

MaRDI QIDQ1110425zbMATH OpenFDO

Authors Aleksandr A. Vasin

Publication date 1988

Published in Moscow University Computational Mathematics and Cybernetics (Search for Journal in Brave)

zbMATH Keywords

centralized marketcentralized regulationmixed economy exchange modelprivate market

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24)

Review text

A mixed economy exchange model is considered: a commodity is sold in a centralized market at a fixed price and at the same time in a private market with the price determined by the supply-demand equilibrium. The influence of the various methods of centralized regulation of the exchange in the private market on the availability of commodities to consumers is analyzed.

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(7)

• Measuring the effects of price controls using mixed complementarity models
• A mathematical model for selecting the optimum norms of regulating economic activity
• On stabilization of market price
• Time and money. How long and how much money is needed to regulate a viable economy
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• Prices and tariffs as controls in a decentralized economic system

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