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Title: Self-Regulation of Market Economy
Sub-title: The Interdisciplinary Analysis
By (author): Paata Leiashvily
ISBN10-13: 1634833244 : 9781634833240
Format: Hardback
Size: 230x155mm
Pages: 88
Weight: .330 Kg.
Published: Nova Science Publishers, Inc - September   2015
List Price: 159.99 Pounds Sterling
Availability: In Stock   Qty Available: 1
Subjects: Economics : Economic systems & structures : Financial services law & regulation
Due to the dialectical analysis of fundamental economic categories, the market economy appears as a complex, nonlinear, functionally closed (but causally open) system of economic actions. Such systems have a number of unique properties that have been well studied in chaos theory, constructivism and second-order cybernetics. This allows for the study of economic processes to involve unique research and development of these fields in the format of interdisciplinary analysis. In this monograph, a mathematical model of general economic equilibrium (i.e. the model of the attractor) is proposed, for which a decentralised economy always strives towards by virtue of the immanent logic of the development of intrasystem processes (but never reaches it because of the permanent impact of natural and social environments).
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