BORIS V. KORNEICHUK
THE TRANSFORMATIONAL MODELS OF CONSUMPTION AND PRODUCTION: TOWARDS AN INSTITUTIONAL MICROECONOMICS

The book covers transformational approach to modeling the dynamics of microeconomic processes. The transformational models of consumer, producer and firm equilibrium are presented that generalize the existing static models of the traditional microeconomics and allow one to investigate transactor units behavior under constant economic environment changes.

CONTENTS:

  • Introduction. The Concept of Economic Transformation
  • Chapter 1. The Transformational Models of Consumption
    • 1.1.The transformational factors of consumption
    • 1.2. Consumption models with expectation
    • 1.2.1. One-product consumption model
    • 1.2.2. Change of equilibrium in one-product model
    • 1.2.3. Two- and more products consumption model
    • 1.2.4. The simple model of target consumption
    • 1.2.5. Two-input model of target consumption
    • 1.3. Consumption model with logistic factor
    • 1.4. Consumption model with informational factor
    • 1.5.The worker’s behavior model with creative factor
  • Chapter 2. The Transformational Models of Production
    • 2.1.The transformational factors of production
    • 2.2. Production models with a production run
      • 2.2.1. One-input production model
      • 2.2.2. The model of production with a quasi-classical production function
      • 2.2.3. Two- and more inputs production model
    • 2.3. Inertial production models
      • 2.3.1. One-factor production model with one input
      • 2.3.2. Two-factor production model with one input
      • 2.3.3. One-factor production model with two inputs
      • 2.3.4. One-factor target production model with two inputs
      • 2.3.5. Quasi-linear production model with two products
  • Chapter 3. The Transformational Models of the Firm
    • 3.1. The transformational factors of the firm equilibrium
    • 3.2. The simple transformational model of the firm equilibrium
    • 3.3. The transformational model of the firm’s labor demand
    • 3.4. The transformational model of entrepreneur equilibrium
  • Chapter 4. The Transformational Linear Balance Model
    • 4.1. A linear balance model with labor resource
    • 4.2. A linear balance model with creative factor
  • Glossary
  • Bibliography of the Author’s Publications