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Journal

2014 | 156 | 157-175

Article title

Od wolności do swobody wyboru – formalizacja idei Sena w modelu Arrowa-Debreu

Content

Title variants

EN
From Freedom to Freedom of Choice – Formalization of the Sen’s Idea in the Arrow-Debreu Model

Languages of publication

PL

Abstracts

EN
The aim of the paper is to reconstruct the Senian idea of development as a growing range of freedoms in the research program of modelling Schumpeterian evolutionary economics in the dynamical version of the Arrow-Debreu general equilibrium theory. In the context of the Schumpeterian circular flow freedom of choice of consumers and producers is studied in both qualitative and quantitative setting. The static results presented in the form of mathematical theorems are generalized by use of the theory of quasi-semi-dynamical systems, where cumulative extension of economic systems under consideration is preserved over time and models a growing range of freedoms as well as their quality.

Contributors

  • Uniwersytet Ekonomiczny w Krakowie, ul. Rakowicka 27, 31-510 Kraków
  • Uniwersytet Ekonomiczny w Krakowie, ul. Rakowicka 27, 31-510 Kraków

References

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Document Type

Publication order reference

Identifiers

YADDA identifier

bwmeta1.element.desklight-cbc43225-2596-431c-ae96-eeb1177308bf
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