Deterministic Simulation of Sustainability of Dynamic Socio-economic Systems
Journal Title: Бізнес Інформ - Year 2014, Vol 4, Issue 0
Abstract
The article considers approaches to deterministic simulation of sustainability of socio-economic systems. It notes that formalised approaches to modelling and strict mathematical mechanism attracts more and more researchers in the field of economy in the context of application of deterministic methods to analysis of sustainability of socio-economic systems in the context of dynamics of their development. The article analyses difficulties that arise in the process of modelling socio-economic systems, considers main provisions of concepts of functioning of these systems. It defines sustainability of the socio-economic system. It offers a method of analysis of sustainability of the socio-economic system based on analysis of roots of a characteristic equation obtained through linearisation and transition to the normal Cauchy form of the system of non-linear differential equations, which describe dynamics of behaviour of the socio-economic system.
Authors and Affiliations
Daniil Revenko, Vasyl Lyba, Kseniia Horiacheva
Keywords
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