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The von Neumann Model as a Chaotic Attractor

Richard M. Goodwin

in Chaotic Economic Dynamics

Published in print:
1990
Published Online:
November 2003
ISBN:
9780198283355
eISBN:
9780191596315
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198283350.003.0003
Subject:
Economics and Finance, Macro- and Monetary Economics

Teases out parallels in the thinking of von Neumann and Marx. Goodwin presents a simplified version of the von Neumann model removing the assumption of infinite labour supply. The resulting ... More


 Knowing What to Believe

Ken Binmore

in Playing for Real: Game Theory

Published in print:
2007
Published Online:
May 2007
ISBN:
9780195300574
eISBN:
9780199783748
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195300574.003.0015
Subject:
Economics and Finance, Microeconomics

This chapter describes John Harsanyi's theory of so-called games of incomplete information using Poker as a motivating example. The chapter begins by analyzing a simplified version of Von Neumann's ... More


Equilibrium, Stability and Growth: A Multi-Sectoral Analysis

Michio Morishima

Published in print:
1963
Published Online:
November 2003
ISBN:
9780198281450
eISBN:
9780191596650
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0198281455.001.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

This book brings together papers that were published by the author in several journals, and which have been revised and contain some new material. The main model carried through the whole book is ... More


Balanced Growth and Efficient Programme of Very‐Long‐Run Growth

Michio Morishima

in Equilibrium, Stability and Growth: A Multi-Sectoral Analysis

Published in print:
1963
Published Online:
November 2003
ISBN:
9780198281450
eISBN:
9780191596650
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198281455.003.0006
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter and the previous one are devoted to an analysis of the von Neumann model of economic expansion, which may be considered as a variant of the dynamic Leontief system. The original von ... More


Von Neumann's Economic Model

S. N. Afriat

in Logic of Choice and Economic Theory

Published in print:
1987
Published Online:
November 2003
ISBN:
9780198284611
eISBN:
9780191595844
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198284616.003.0023
Subject:
Economics and Finance, Microeconomics

This is the last of six chapters on the logic of price, and expands on the features of von Neumann's economic model, or activity system, which was first mentioned in Chapter IV.1. The fourteen ... More


The Years of High Theory: II

Ernesto Screpanti and Stefano Zamagni

in An Outline of the History of Economic Thought

Published in print:
2005
Published Online:
October 2005
ISBN:
9780199279142
eISBN:
9780191602887
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199279144.003.0009
Subject:
Economics and Finance, History of Economic Thought

Deals with the reaction of the Neoclassical School to the criticism levied against it in the inter-war period. Emphasizes the developments of general equilibrium theory and the birth of the new ... More


Workability of Generalized Von Neumann Models of Balanced Growth

Michio Morishima

in Equilibrium, Stability and Growth: A Multi-Sectoral Analysis

Published in print:
1963
Published Online:
November 2003
ISBN:
9780198281450
eISBN:
9780191596650
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198281455.003.0005
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter and the next are devoted to an analysis of the von Neumann model of economic expansion, which may be considered as a variant of the dynamic Leontief system. The original von Neumann ... More


Opportunity Models

S. N. Afriat

in Logic of Choice and Economic Theory

Published in print:
1987
Published Online:
November 2003
ISBN:
9780198284611
eISBN:
9780191595844
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198284616.003.0018
Subject:
Economics and Finance, Microeconomics

This is the first of six chapters on the logic of price. Choice presupposes opportunity, and this chapter gives some account of that side of economic models. The four sections of the chapter are: the ... More


The Years of High Theory: II

Ernesto Screpanti and Stefano Zamagni

in An Outline of the History of Economic Thought

Published in print:
1995
Published Online:
November 2003
ISBN:
9780198774556
eISBN:
9780191717383
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198774559.003.0009
Subject:
Economics and Finance, History of Economic Thought

Deals with the reaction of the Neoclassical School to the criticism levied against it in the inter‐war period. Emphasizes the developments of general equilibrium theory and the birth of the new ... More


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