Abstract
The economic equilibrium, which arises in the nonperfect market is discussed. The purpose is to construct a rather simple mathematical model for macroscopic description of the market disequilibrium using the fuzzy set technique. The fuzzification of the global qualitative characteristics of market systems and macroeconomic control properties makes possible to interpret the adaptation ability of the agents to the nonperfectness of the market system. This adaptation ability will allow us to introduce the μ-fuzzy equilibrium and to study its stability properties.
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Schedule a callMore From: Dynamic Modelling & Control of National Economies 1986
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