Applying graph theory to some problems of economic dynamics

DOI10.1155/2019/7974381MaRDI QIDQ2296567zbMATH OpenOpenAlexFDO

Authors Yanyan Li

Publication date 18 February 2020

Published in Discrete Dynamics in Nature and Society (Search for Journal in Brave)

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.1155/2019/7974381

Mathematics Subject Classification ID

Applications of graph theory (05C90) Economic dynamics (91B55)

Review text

Summary: This paper studies dynamic models of production and exchange on graph with consideration of transportation costs. Using graph and set of matrices, we introduce superlinear multivalued mappings which describe the exchange ratio in considered system. Effective trajectories of these models are studied. It is shown that trajectories can be constructed using the simplest equilibrium type mechanisms. Characteristics of effective trajectories in Neumann type models are given. Conditions for the existence of equilibrium state of the considered model are found.

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Cites work

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• New tools of economic dynamics.

Cited in

(9)

• Irreducible economies and strongly connected graphs
• Graph Theory and Economic Models: from Small to Large Size Applications
• scientific article; zbMATH DE number 3947962 (Why is no real title available?)
• DIRECTED GRAPH THEORY AND THE ECONOMIC ANALYSIS OF INNOVATION
• scientific article; zbMATH DE number 1122210 (Why is no real title available?)
• A new network perspective in the study of labour markets
• On spectral properties of multivalued production mappings in economic dynamics models
• Effective trajectories of economic dynamics models on graphs
• Extensions of graph inversion to support an artificially intelligent modeling environment

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