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Doklady Mathematics

, Volume 98, Issue 2, pp 537–539 | Cite as

Holistic Theory of Economic Equilibrium: Modified Cassel–Wald Model

  • V. K. Gorbunov
Control Theory

Abstract

A modified Cassel–Wald model is used as an example of the holistic approach to creating a mathematical theory of market demand and economic equilibrium that is an alternative to methodological individualism (sociological reductionism). A theorem on the existence and uniqueness of equilibrium is proved.

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Copyright information

© Pleiades Publishing, Ltd. 2018

Authors and Affiliations

  1. 1.Ulyanovsk State UniversityUlyanovskRussia

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