A Generalized Mathematical Model of Rational Economic Behavior

Journal Title: Бізнес Інформ - Year 2015, Vol 12, Issue 0

Abstract

The main purpose of the publication is to build an economical-mathematical model of behavior of economic agent, prone to self-organization. Taking into consideration rationality of economic behavior, a dynamic model has been built, in which as a motivational factor deviation from the valid status towards the desired status has been allocated, which is accompanied by occurrence of a certain value of «desiring...». The model, proposed in the form of a system of partial-derivative equations, is presented as in space of locations so in the space of statuses, providing to explore the socio-economic processes inherent in the postindustrial economy and the knowledge-based economy. At the same time, polar coordinates used in the space of statuses provide to evaluate not only quantitative, but also qualitative indicators. An equation of preservation of overall motivation has been derived as the balance of «coercive» and «compensating» motivations, sum of which remains constant in a stable process (stationary, with the established dynamics, etc.) and without exogenous influence.

Authors and Affiliations

Roman Ivanov

Keywords

Related Articles

The Institutional Nature of the Economic Security of Actors of the Foreign Economic Activities

The article analyzes the environment of functioning of the domestic enterprises - actors of FEA, identifies peculiarities of establishing their economic security. It is proposed not only analyze the institutional environ...

Cause-Effect Relations of Instruments of the Monetary Policy and Indicators of Sustainable Development of the Country Economy (Using Example of the NBU Discount Rate)

The goal of the article is to study impact of the monetary policy on ensuring sustainable development of the country economy and detection of co-integration between the variables of the sustainable development of the cou...

Question of essence and consequences of sovereign default

The nature and essence of sovereign default are defined, foreign experience of the possible consequences of default announcement is considered, the current situation of the national debt in Ukraine is analyzed.

Research of the European Union Market in the Field of Organic Agriculture

The growing importance of the organic sector in the EU has contributed to the creation of an action plan for organic agriculture, which was published by the European Commission in June 2004. The organic sector experts, v...

Definition of Information Demands of the Population and Level of their Satisfaction

In article is explored and analyzed by statistic methods the level of satisfaction the information needs of the population due to developed questionnaire, which will give opportunity more detailed will become familiar w...

Download PDF file
  • EP ID EP106783
  • DOI -
  • Views 89
  • Downloads 0

How To Cite

Roman Ivanov (2015). A Generalized Mathematical Model of Rational Economic Behavior. Бізнес Інформ, 12(0), 139-143. https://europub.co.uk/articles/-A-106783