Conceptual Model of Economic Behavior of Households in Conditions of Self-Sustainment
Journal Title: Бізнес Інформ - Year 2015, Vol 10, Issue 0
Abstract
The article examines the issue of modeling the economic behavior. An assumption about an analogy between the «creation-consumption» processes in economy and the «evulsion-absorption» in hydrodynamics is introduced. The kinetic structure of such elementary material flows has been determined. It has been found that consumption (spread) of resources for an isolated point of consumption (production) has the same spatial structure and speed characteristics as fluid movement in the area of runoff (source). It has been suggested to name a production point «economic source» and the point of consumption - «economic runoff». As a model of economic behavior of household in conditions of self-sustainment, a combination of economic source and economic runoff, which forms an economic dipole, has been suggested. Further development of the proposed methodology would allow to study the possible (necessary) behavioral reaction of an economic agent to the impact by both endogenous and exogenous factors.
Authors and Affiliations
Roman Ivanov
Keywords
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