Abstract
The ratio-conjugation-tool (RC) is constructed systematically, and its applicability for analysis of economic models is demonstrated. One of the main results establishes a general formula for RC of aggregative function. This tool is applied to the analysis of linear economic dynamics models of Neumann–Gale type which can be solved by a dynamic programming method: for each direct problem we construct the corresponding dual RC-problem. Moreover, we consider three examples of the most important economic dynamics models and look at these now from a unified general position. † This article has been published in Russian in Economics and Mathematical Methods, 2006, 42(2), pp. 60–78 by the publishing house, Nauka, who have given permission to publish it in this journal.
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