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Od wolnosci do swobody wyboru - formalizacja idei Sena w modelu Arrowa-Debreu/From Freedom to Freedom of Choice - Formalization of the Sen's Idea in the Arrow-Debreu Model

Prakseologia, 2014-01, Vol.156, p.157

Copyright Praxeology 2014 ;ISSN: 0079-4872

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  • Title:
    Od wolnosci do swobody wyboru - formalizacja idei Sena w modelu Arrowa-Debreu/From Freedom to Freedom of Choice - Formalization of the Sen's Idea in the Arrow-Debreu Model
  • Author: Mrówka, Joanna ; Malawski, Andrzej
  • Subjects: Consumer behavior ; Freedoms ; Product choice
  • Is Part Of: Prakseologia, 2014-01, Vol.156, p.157
  • Description: The aim of the paper is to reconstruct the Senian idea of development as a growing range of freedoms in the research program of modelling Schumpeterian evolutionary economics in the dynamical version of the Arrow-Debreu general equilibrium theory. In the context of the Schumpeterian circular flow freedom of choice of consumers and producers is studied in both qualitative and quantitative setting. The static results presented in the form of mathematical theorems are generalized by use of the theory of quasi-semi-dynamical systems, where cumulative extension of economic systems under consideration is preserved over time and models a growing range of freedoms as well as their quality.
  • Publisher: Warsaw: Praxeology
  • Language: Polish
  • Identifier: ISSN: 0079-4872
  • Source: ProQuest Central
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