• 제목/요약/키워드: General Equilibrium Theory

검색결과 48건 처리시간 0.026초

케인즈의 고용 . 물가이론소고 (A Study on Keynese's Employment and Price Theory)

  • 박일근
    • 산업경영시스템학회지
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    • 제8권12호
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    • pp.65-77
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    • 1985
  • The mainpoints of General Theory is 1) the mainspring of economic activity is effective demand which can expand or control in relation to supply as a result of spontaneous decision by customer or government. 2) change in effective demand Produce change in output and employment in the same direction 3) which given productivity of labour the Vice level depend on the money supply affect the in downward direction 4) change in the money supply affect the economy through the rates of interest 5) the only automatic mechanism through which the economy can adjust itself to a deficiency of effective demand is the long process which unemployment reduces wage rates and consequently the demand for money and interest rates, above summarized contents are General Theory frame-work. The neo-classical macro general equilibrium theory, which has been reconstructed subsequent to Keyneses critism is treated the neo-classical macro-general equilibrium theory which inherits the classical theories of labour market and the aggregate production function, on demand side, it introduce the Keyneses macro-general equilibrium theory, which function through flexible movement of prices, wage and interest. Nowadays, Keynes General Theory is being developed into new dimension i, e. the macro-disequilibrium theory, and adequacy, and appropriateness of the theory and its significant contributions to modern economics are being reinterpreted and substantiated.

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Generic Costing Scheme Using General Equilibrium Theory for Fair Cloud Service Charging

  • Hussin, Masnida;Jalal, Siti Fajar;Latip, Rohaya
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • 제15권1호
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    • pp.58-73
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    • 2021
  • Cloud Service Providers (CSPs) enable their users to access Cloud computing and storage services from anywhere in quick and flexible manners through the Internet. With the basis of 'pay-as-you-go' model, it makes the interactions between CSPs and the users play a vital role in shaping the Cloud computing market. A pool of virtualized and dynamically scalable Cloud services that delivered on demand to the users is associated with guaranteed performance and cost-provisioning. It needed a costing scheme for determining suitable charges in order to secure lease pricing of the Cloud services. However, it is hard to meet the satisfied prices for both CSPs and users due to their conflicting needs. Furthermore, there is lack of Service Level Agreements (SLAs) that allowing the users to take part into price negotiating process. The users may lose their interest to use Cloud services while reducing CSPs profit. Therefore, this paper proposes a generic costing scheme for Cloud services using General Equilibrium Theory (GET). GET helps to formulate the price function for various services' factors to match with various demands from the users. It is initially determined by identifying the market circumstances that a general equilibrium will be hold and reached. Specifically, there are two procedures of agreement made in response to (i) established equilibrium supply and demand, and (ii) service price formed and constructed in a price range. The SLAs in our costing scheme is integrated to satisfy both CSPs and users' needs while minimizing their conflicts. The price ranging strategy is deliberated to provide prices' options to the users with respect their budget limit. Meanwhile, the CSPs can adaptively charge based on users' preferences without losing their profit. The costing scheme is testable and analyzed in multi-tenant computing environments. The results from our simulation experiments demonstrate that the proposed costing scheme provides better users' satisfaction while fostering fairness pricing in the Cloud market.

경영조직의 균형이론에 관한 연구 -"바아나이드" 및 "마취-사이몬"의 이론을 중심으로- (A Study on the Equilibrium Theory of Business Administration Organization)

  • 이경희
    • 수산경영론집
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    • 제9권1호
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    • pp.29-46
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    • 1978
  • The Equilibrium Theory is one of the key theories on the study of maintenance and continuance of organization. A contributor or participant of the business organization has been given the needed incucements and motivated to join in business. To keep this situation balanced is, so-called, the organization equilibrium. C. I. Barnard was the first to research this, and that J. G. March and H. A. Simon advanced it. Modern organization theory is not only the equilibrium theory but continuance theory of organization. That is, the continuance of business administration organization relies on the willingness to cooperate with which the participants in business try to devote themselves to business. The organization itself is not only combined with its members and assets but a kind of behaviour system which every member makes an effort to contribute. On a view of dynamics, organization remains, prospers and deceases in process of its formation, disorganization and reformation. But taking consideration into going concern, it is necessary that we should plan to strike a balance of business administration organization. We can write down the proposition of this theory as follows: The continuance and growth of organization=inducements contribution The basic idea of this theory was established by C. I. Barnard. But it implied many problems such as incorrect statistical measures and the defects of objectivity. These problems were more or less rearranged and improved by so-called March-Simon's equilibrium theory. Especially March-Simon's general models of organization equilibrium are a great success in this field. In the future, these problems mentioned above will be a challenge to workers in this field how we shall diminish the defects to the minimum and how perfectly we can progress it.

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경제성장에 대한 본원적 구조와 지속가능 내생적 성장이론에 대한 시스템 다이내믹스 모델링 (System Dynamics Modeling for the Generic Structure of Economic Growth and the Sustainable Endogenous Growth Theory)

  • 전대욱;김지수
    • 한국시스템다이내믹스연구
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    • 제10권1호
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    • pp.5-32
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    • 2009
  • This paper revisited the key advances on System Dynamics modeling about traditional macro-economic models and economic growth structures, and then tries to elaborate a new model based on the endogenous growth theory that incorporates new growth factors, relevant to knowledge/technology as well as the Environment, into traditional growth models. Accordingly, the new model augments the acceleration and multiplier loops and the balancing ones representing market clearing mechanism with a simple numerical example. The authors thus provides macroeconomic System Dynamics analysts with a milestone to model macro-economic structures reflecting on traditional and cutting-edge theories on sustainable economic growth and general equilibrium modeling.

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INCLUSION AND INTERSECTION THEOREMS WITH APPLICATIONS IN EQUILIBRIUM THEORY IN G-CONVEX SPACES

  • Balaj, Mircea;O'Regan, Donal
    • 대한수학회지
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    • 제47권5호
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    • pp.1017-1029
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    • 2010
  • In this paper we obtain a very general theorem of $\rho$-compatibility for three multivalued mappings, one of them from the class $\mathfrak{B}$. More exactly, we show that given a G-convex space Y, two topological spaces X and Z, a (binary) relation $\rho$ on $2^Z$ and three mappings P : X $\multimap$ Z, Q : Y $\multimap$ Z and $T\;{\in}\;\mathfrak{B}$(Y,X) satisfying a set of conditions we can find ($\widetilde{x},\;\widetilde{y}$) ${\in}$ $X\;{\times}\;Y$ such that $\widetilde{x}\;{\in}\;T(\widetilde{y})$ and $P(\widetilde{x}){\rho}\;Q(\widetilde{y})$. Two particular cases of this general result will be then used to establish existence theorems for the solutions of some general equilibrium problems.

補剛平板의 一般理論 硏究 (Study on the General Theory of Stiffened Plates)

  • 김천욱;원종진
    • 대한기계학회논문집
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    • 제11권2호
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    • pp.287-295
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    • 1987
  • 본 논문에서는 보강평간이론의 일반화를 위하여 해석모델을 비대칭 사교보강 평판으로 설정하였으며 응력과 변형율의 관계식을 수정도심을 이용하여 표시하였다. 힘의 평형관계로부터 직교축방향 곡률의 영향을 고려한 수정도심의 위치를 산정하였으 며 변형에너지법에 의하여 보강재교차부의 역학적 특성을 고려한 판의 처짐의 4계편미 분방정식을 유도하였다. 또한, 본 이론의 정밀성을 입증하기 위하여 진동법에 의한 실험 등가강성을 산정하고 이론치와 비교, 검토하였다.

Bilateral Trade and Productivity Differences in a Ricardo-Cournot Model

  • Song, E. Young
    • Journal of Korea Trade
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    • 제25권4호
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    • pp.88-107
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    • 2021
  • Purpose - Using a model that highlights Ricardian comparative advantage and Cournot competition, I derive theoretical predictions on how bilateral measures of trade intensity, specialization, and intra-industry are interrelated, and how Ricardian productivity differences affect these measures. We test the predictions using trade and production data, and confirm them. Design/methodology - A simple two-country general equilibrium model is constructed to derive theory-based bilateral indexes. We then test the relationships among them using panel data for 35 countries and 14 industries between 1996 and 2008. Findings - Bilateral trade intensity is increasing in specialization, as in the classical trade theory, and in intra-industry trade, as in the new trade theory. However, productivity differences positively affect specialization, and negatively affect intra-industry trade. These effects cancel each other; thus productivity differences have little impact on trade intensity. Originality/value - This paper provides a comprehensive conceptual framework for understanding the relationship among trade intensity, specialization, intra-industry trade, and productivity differences. We derive theory-consistent measures of specialization, intra-industry trade, and productivity differences. Moreover, we reevaluate the empirical relevance of these variables for the study of gravity equations. This paper is also an effort to capture oligopolistic competition in a general equilibrium framework, interests in which recently resurged.

Automatic generation of equilibrium and flexibility matrices for plate bending elements using Integrated Force Method

  • Dhananjaya, H.R.;Nagabhushanam, J.;Pandey, P.C.
    • Structural Engineering and Mechanics
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    • 제30권4호
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    • pp.387-402
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    • 2008
  • The Integrated Force Method (IFM) has been developed in recent years for the analysis of civil, mechanical and aerospace engineering structures. In this method all independent or internal forces are treated as unknown variables which are calculated by simultaneously imposing equations of equilibrium and compatibility conditions. The solution by IFM needs the computation of element equilibrium and flexibility matrices from the assumed displacement, stress-resultant fields and material properties. This paper presents a general purpose code for the automatic generation of element equilibrium and flexibility matrices for plate bending elements using the Integrated Force Method. Kirchhoff and the Mindlin-Reissner plate theories have been employed in the code. Paper illustrates development of element equilibrium and flexibility matrices for the Mindlin-Reissner theory based four node quadrilateral plate bending element using the Integrated Force Method.

PATTERN FORMATION IN A GENERAL DEGN-HARRISON REACTION MODEL

  • Zhou, Jun
    • 대한수학회보
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    • 제54권2호
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    • pp.655-666
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    • 2017
  • In this paper, we study the pattern formation to a general Degn-Harrison reaction model. We show Turing instability happens by analyzing the stability of the unique positive equilibrium with respect to the PDE model and the corresponding ODE model, which indicate the existence of the non-constant steady state solutions. We also show the existence periodic solutions of the PDE model and the ODE model by using Hopf bifurcation theory. Numerical simulations are presented to verify and illustrate the theoretical results.

Axisymmetrical bending of single- and multi-span functionally graded hollow cylinders

  • Bian, Z.G.;Wang, Y.H.
    • Structural Engineering and Mechanics
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    • 제45권3호
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    • pp.355-371
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    • 2013
  • Single- and multi-span orthotropic functionally graded hollow cylinders subjected to axisymmetrical bending are investigated on the basis of a unified shear deformable shell theory, in which the transverse displacement is expressed by means of a general shape function. To approach the through-thickness inhomogeneity of the hollow cylinder, a laminated model is employed. The shape function therefore shall be determined for each fictitious layer. To improve the computational efficiency, we resort to a transfer matrix method. Based on the principle of minimum potential energy, equilibrium equations are established, which are then solved analytically using the transfer matrix method for arbitrary boundary conditions. Numerical comparisons among a third-order shear deformable shell theory, an exact elastic theory and the present theory are provided for a simply supported hollow cylinder, from which the present theory turns out to be superior in stress estimation. Distributions of displacements and stresses in single- and three-span hollow cylinders with different boundary conditions are also illustrated in numerical examples.