MARKET DYNAMICS OF PRODUCTION-ECONOMIC SYSTEM. II. Transitions between production states. Elements of risk theory

Abstract

The methods of theoretical micro-economy were used to investigate the spontaneous transitions between enterprise’s production states in the regime of the goods’ commercial off-load. The economical mechanisms of spontaneous transitions are viewed, some characteristics of transitions are introduced, and equations for their probability are found. It is shown that under the given conditions most probable are the transitions with the loss of capital assets corresponding to the technological and etrepreneural risks and, in particular, bankruptcy risks. The average coefficient of capital assets loss is found as a function of the system evolution period, total supply and workshop processes period. The economic meaning of the obtained resulted is discussed.

Keywords

• economic state of the production system
• spontaneous transitions between production states
• quanta of entrepreneurship ability
• amplitudes and probabilities of transitions between production states
• average coefficient of capital assets loss
• probabilities of technological and bankruptcy risks