Standard

Fuzzy core allocations in a mixed economy of arrow-debreu type. / Vasil’ev, Valery A.

Optimization Problems and Their Applications - 7th International Conference, OPTA 2018, Revised Selected Papers. Springer-Verlag GmbH and Co. KG, 2018. p. 235-248 (Communications in Computer and Information Science; Vol. 871).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Research › peer-review

Harvard

Vasil’ev, VA 2018, Fuzzy core allocations in a mixed economy of arrow-debreu type. in Optimization Problems and Their Applications - 7th International Conference, OPTA 2018, Revised Selected Papers. Communications in Computer and Information Science, vol. 871, Springer-Verlag GmbH and Co. KG, pp. 235-248, 7th International Conference on Optimization Problems and Their Applications, OPTA 2018, Omsk, Russian Federation, 08.06.2018. https://doi.org/10.1007/978-3-319-93800-4_19

APA

Vasil’ev, V. A. (2018). Fuzzy core allocations in a mixed economy of arrow-debreu type. In Optimization Problems and Their Applications - 7th International Conference, OPTA 2018, Revised Selected Papers (pp. 235-248). (Communications in Computer and Information Science; Vol. 871). Springer-Verlag GmbH and Co. KG. https://doi.org/10.1007/978-3-319-93800-4_19

Vancouver

Vasil’ev VA. Fuzzy core allocations in a mixed economy of arrow-debreu type. In Optimization Problems and Their Applications - 7th International Conference, OPTA 2018, Revised Selected Papers. Springer-Verlag GmbH and Co. KG. 2018. p. 235-248. (Communications in Computer and Information Science). doi: 10.1007/978-3-319-93800-4_19

Author

Vasil’ev, Valery A. / Fuzzy core allocations in a mixed economy of arrow-debreu type. Optimization Problems and Their Applications - 7th International Conference, OPTA 2018, Revised Selected Papers. Springer-Verlag GmbH and Co. KG, 2018. pp. 235-248 (Communications in Computer and Information Science).

BibTeX

@inproceedings{1415da79e342408492361cff05c8e4d6,
title = "Fuzzy core allocations in a mixed economy of arrow-debreu type",
abstract = "An important feature of the mixed economic system under consideration, besides the presence of a mixed production sector, is that two different regulation mechanisms function jointly: central planning and flexible market prices. Thus, this model is characterized by the presence of dual markets. In the first market, prices are stable and the allocation of commodities is determined by rationing schemes and governmental orders. In the second market, prices are flexible and are formed by the standard mechanism of equating demand and supply. We assume that the excess of any commodity purchased in the first market may be resold by any economic agent at flexible market prices. Whereas a lot of papers are devoted to existence and efficiency of mixed market equilibria, this paper investigates extremal properties of equilibrium allocations in a mixed economy of Arrow-Debreu type. A notion of fuzzy domination in a mixed environment is given, and coincidence of the fuzzy core and equilibrium allocations in certain specifications of economy in question is shown to hold.",
keywords = "Equilibrium, Fuzzy core allocation, Governmental order, Rationing",
author = "Vasil{\textquoteright}ev, {Valery A.}",
note = "Publisher Copyright: {\textcopyright} Springer International Publishing AG, part of Springer Nature 2018.; 7th International Conference on Optimization Problems and Their Applications, OPTA 2018 ; Conference date: 08-06-2018 Through 14-06-2018",
year = "2018",
month = jan,
day = "1",
doi = "10.1007/978-3-319-93800-4_19",
language = "English",
isbn = "9783319937991",
series = "Communications in Computer and Information Science",
publisher = "Springer-Verlag GmbH and Co. KG",
pages = "235--248",
booktitle = "Optimization Problems and Their Applications - 7th International Conference, OPTA 2018, Revised Selected Papers",
address = "Germany",

}

RIS

TY - GEN

T1 - Fuzzy core allocations in a mixed economy of arrow-debreu type

AU - Vasil’ev, Valery A.

N1 - Publisher Copyright: © Springer International Publishing AG, part of Springer Nature 2018.

PY - 2018/1/1

Y1 - 2018/1/1

N2 - An important feature of the mixed economic system under consideration, besides the presence of a mixed production sector, is that two different regulation mechanisms function jointly: central planning and flexible market prices. Thus, this model is characterized by the presence of dual markets. In the first market, prices are stable and the allocation of commodities is determined by rationing schemes and governmental orders. In the second market, prices are flexible and are formed by the standard mechanism of equating demand and supply. We assume that the excess of any commodity purchased in the first market may be resold by any economic agent at flexible market prices. Whereas a lot of papers are devoted to existence and efficiency of mixed market equilibria, this paper investigates extremal properties of equilibrium allocations in a mixed economy of Arrow-Debreu type. A notion of fuzzy domination in a mixed environment is given, and coincidence of the fuzzy core and equilibrium allocations in certain specifications of economy in question is shown to hold.

AB - An important feature of the mixed economic system under consideration, besides the presence of a mixed production sector, is that two different regulation mechanisms function jointly: central planning and flexible market prices. Thus, this model is characterized by the presence of dual markets. In the first market, prices are stable and the allocation of commodities is determined by rationing schemes and governmental orders. In the second market, prices are flexible and are formed by the standard mechanism of equating demand and supply. We assume that the excess of any commodity purchased in the first market may be resold by any economic agent at flexible market prices. Whereas a lot of papers are devoted to existence and efficiency of mixed market equilibria, this paper investigates extremal properties of equilibrium allocations in a mixed economy of Arrow-Debreu type. A notion of fuzzy domination in a mixed environment is given, and coincidence of the fuzzy core and equilibrium allocations in certain specifications of economy in question is shown to hold.

KW - Equilibrium

KW - Fuzzy core allocation

KW - Governmental order

KW - Rationing

UR - http://www.scopus.com/inward/record.url?scp=85049662731&partnerID=8YFLogxK

U2 - 10.1007/978-3-319-93800-4_19

DO - 10.1007/978-3-319-93800-4_19

M3 - Conference contribution

AN - SCOPUS:85049662731

SN - 9783319937991

T3 - Communications in Computer and Information Science

SP - 235

EP - 248

BT - Optimization Problems and Their Applications - 7th International Conference, OPTA 2018, Revised Selected Papers

PB - Springer-Verlag GmbH and Co. KG

T2 - 7th International Conference on Optimization Problems and Their Applications, OPTA 2018

Y2 - 8 June 2018 through 14 June 2018

ER -

ID: 14464974