Title:

Analysis of consumer innovativeness in an axiomatic approach

Group publication title:

Mathematical Economics

Creator:

Ciałowicz, Beata

Subject and Keywords:

innovation ; Arrow-Debreu model ; Schumpeter’s theory

Description:

Mathematical Economics, 2015, Nr 11 (18), s. 21-32

Abstrakt:

In the Schumpeterian vision of economic development economic evolution is based on the innovative activities of producers and evolutionary changes in the production sphere realized through credits created by banks from savings. The possibility of innovative changes in the demand sphere and the active role of consumers in innovative processes are neglected. Hence the main aim of this paper is an extension of the previous results obtain in the formal modelling of Schumpeter’s theory through the axiomatical analysis of innovative changes in the consumer in the formal apparatus of the modern Arrow-Debreu theory of general equilibrium.

Publisher:

Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu

Place of publication:

Wrocław

Date:

2015

Resource Type:

artykuł

Format:

application/pdf

Resource Identifier:

doi:10.15611/me.2015.10.02

Language:

eng

Relation:

Mathematical Economics, 2015, Nr 11 (18)

Rights:

Pewne prawa zastrzeżone na rzecz Autorów i Wydawcy

Access Rights:

Dla wszystkich zgodnie z licencją

License:

CC BY-NC-ND

Location:

Uniwersytet Ekonomiczny we Wrocławiu