http://www.cnr.it/ontology/cnr/individuo/prodotto/ID1432
Typical properties of large random economies with linear activities (Articolo in rivista)
- Type
- Label
- Typical properties of large random economies with linear activities (Articolo in rivista) (literal)
- Anno
- 2007-01-01T00:00:00+01:00 (literal)
- Alternative label
De Martino, A; Marsili, M; Castillo, I (2007)
Typical properties of large random economies with linear activities
in Macroeconomic dynamics (Print)
(literal)
- Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#autori
- De Martino, A; Marsili, M; Castillo, I (literal)
- Pagina inizio
- Pagina fine
- Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#numeroVolume
- Rivista
- Note
- ISI Web of Science (WOS) (literal)
- Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#affiliazioni
- Abdus Salam Int Ctr Theoret Phys, I-34014 Trieste, Italy; CNR, INFM, SMC, Rome, Italy; Univ Roma La Sapienza, Dipartimento Fis, Rome, Italy; Katholieke Univ Leuven, Inst Theoret Fys, Louvain, Belgium (literal)
- Titolo
- Typical properties of large random economies with linear activities (literal)
- Abstract
- We study the competitive equilibrium of large random economies with linear activities using methods of statistical mechanics. We focus on economies with C commodities, N firms, each running a randomly drawn linear technology, and one consumer. We derive, in the limit N, C -> infinity with n = N/C fixed, a complete description of the statistical properties of typical equilibria. We find two regimes, which in the limit of efficient technologies are separated by a phase transition, and argue that endogenous technological change drives the economy close to the critical point. (literal)
- Prodotto di
- Autore CNR
- Insieme di parole chiave
Incoming links:
- Autore CNR di
- Prodotto
- Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#rivistaDi
- Insieme di parole chiave di