An economic growth system based on cause-n-effect

  • M.M. Khoshyaran Economics Traffic Clinic - ETC, 34 Avenue des Champs Elyses, 75008, Paris France
Keywords: Growth, Cause-n-effect, utility manifold, equilibrium, Causal Dynamical Network, disordering locality, dialectic complexity, dialectic causality, entropy.

Abstract

In this paper an economic system is represented as a Causal Dynamical Network, (CDN). Each link of CDN exists due to cause-n-effect. each node is either a demand or supply node. The link between demand, and supply exists due to the existence of causality, here is taken as consumer/producer surplus which is a function of preference manifold. Growth is the existence of entropy in CDN. Entropy is measured as a metric probability, which measures change in local equilibrium. Local
equilibrium is equilibrium on disordering locality links.

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Author Biography

M.M. Khoshyaran, Economics Traffic Clinic - ETC, 34 Avenue des Champs Elyses, 75008, Paris France
Researcher

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Published
2018-08-28
How to Cite
Khoshyaran, M. (2018). An economic growth system based on cause-n-effect. Journal of Progressive Research in Mathematics, 14(1), 2266-2281. Retrieved from http://scitecresearch.com/journals/index.php/jprm/article/view/1599
Section
Articles