INNOVATIVE ECONOMY AS THE OBJECT OF INVETIGATION IN THEORETICAL ECONOMICS

ISBN: 978-83-7252-616-8

168 stron
format: B5
oprawa: miękka
Rok wydania: 2013

In this monograph, innovative economy is understood as an economic system governed by the rules of a gamę elaborated by Joseph A. Schumpeter in his evolutionary vision of economic development driven by innovations (Schumpeter 1912). Studying of this economic system in the conceptual apparatus of the Arrow-Debreu theory of general equilibrium and its extensions defines the theoretical core of our research programme, which was initiated in the 1990‘s (Malawski 1999), developed later and is continued in the present monograph.

SPIS TREŚCI

1. Introduction
1.1. Main Themes- General Description
1.2. Concepts, Models, Interpretations - Methodological Background
1.3. Basic Model: Debreu Economy as a Multi-range Relational System
1.4. Extensions of a Debreu Economy in the Schumpeterian Perspective
1.5. Dynamical Debreu Economy
1.6. The Aims and Scope of Further Analysis
2. Demand-driven Schumpeterian Innovative Evolution
2.1. Introduction
2.2. The Debreu Monetary Economy and Its Extensions
2.3. A Debreu Monetary Economy with Production-Preference Relations
2.4. Optimal Production Plans in a Debreu Economy with Production-Preference Relations
2.5. The Consumefs Pro-innovative Production-Preference Relation
2.6. A Comparative Analysis of Innovative Extensions of the Economy E*n
2.7. Dynamie Analysis
2.8. Bank-stimulated Innovative Evolution
2.9. Conclusions
3. Innovations and Risk in the Two-period General Equilibrium Models
3.1. Introduction
3.2. Innovations in the Two-period Sole Proprietorship Economy with
a Financial Market
3.2.1. General Remarks
3.2.2. Sole Proprietorship Economy with a Financial Market
3.2.3. Cumulative Extension of the Economy EF
3.2.4. Innovative Extension of the Economy EF
3.3. Risk Minimisation in the Radner Economy
3.3.1. General Remarks
3.3.2. The Radner Economy
3.3.3. Risk Aggregation in the Optimal Allocation
4. Mechanisms of Schumpeterian Evolution
4.1. Introduction
4.2. The Private Ownership Economy
4.3. Extensions of Private Ownership Economies
4.4. Mechanism Design
4.5. Mechanisms Connected to the Private Ownership Economies
4.6. The Structure of Evolution as the Mechanism
4.7. Conclusions
5. Poverty, Distributive Justice and Freedom of Choice in the Schumpeterian
Perspective
5.1. Motivation
5.2. The Difference Principle and Leximin
5.3. Extensions of an Economy with the Financial Market EF in State s
5.4. Distributive Justice in the Schumpeterian Perspective
5.5. Freedom of Choice for Consumers
5.6. Freedom of Choice for Producers in the Arrow-Debreu Model
6. Schumpeterian Evolutionary Mainstream Economies
6.1. Introduction
6.2. The Neo-Schumpeterian Research Programme
6.3. Schumpeterian Growth Theory
6.4. Capital Accumulation Model with a Vintage Structure
6.4.1. Capital Accumulation Model with an Age Structure
6.4.2. Some Remarks on Viscosity Solutions
6.4.3. Extension of the Capital Accumulation Model with a Vintage Structure
6.4.4. Schumpeterian Implications in a Generalised Capital Accumulation
Model with a Vintage Structure
7. Concluding Remarks
Bibliography