Towards a port-based formulation of macro-economic systems

DOI10.1016/j.jfranklin.2014.09.009zbMath1394.91295OpenAlexW2034439733MaRDI QIDQ1660362

Alessandro Macchelli

Publication date: 16 August 2018

Published in: Journal of the Franklin Institute (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jfranklin.2014.09.009

zbMATH Keywords

power conservationirreversible phenomenalaw of good bookkeepingmacroeconomic systemsport-Hamiltonian approachWalras's law

Mathematics Subject Classification ID

Application models in control theory (93C95) Macroeconomic theory (monetary models, models of taxation) (91B64)

Cites Work

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• Bilinear, dynamic single-ports and bond graphs of economic systems
• Progress in the bond graph representations of economics and population dynamics
• Symplectic geometry: the natural geometry of economics?
• Modeling and Control of Complex Physical Systems
• On Representations and Integrability of Mathematical Structures in Energy-Conserving Physical Systems
• Power shaping: A new paradigm for stabilization of nonlinear RLC circuits

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