Interdisciplinary Description of Complex Systems (Feb 2007)

Optimal Processes in Irreversible Microeconomics

  • Vladimir Kazakov,
  • Anatoly M. Tsirlin

Journal volume & issue
Vol. 4, no. 2
pp. 102 – 123

Abstract

Read online

In this paper we consider optimal trading processes in economic systems. The analysis is based on accounting for irreversibility factor using wealth function concept.

Keywords