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MODELS OF THE MECHANISMS PROVIDING THE EFFECTIVENESS OF THE GENERAL EQUILIBRIUM
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MODELS OF THE MECHANISMS PROVIDING THE EFFECTIVENESS OF THE GENERAL EQUILIBRIUM
Annotation
PII
S042473880000616-6-1
Publication type
Article
Status
Published
Authors
Igor' Pospelov  Nikolay Pilnik
Edition
Volume 50 Issue 2
Pages
58-72
Abstract

The article is an attempt to clarify the way of fi rm’s behavior description and its relations with the owners in the general equilibrium models with the help of welfare problem decomposition. The general scheme of decomposition is suggested. The scheme generates a range of mechanisms, including the mechanism of share capital, which allows to describe stock market in the general equilibrium models.

Keywords
general economic equilibrium, welfare problem decomposition, share capital
Date of publication
01.04.2014
Number of purchasers
1
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829
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