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Anatoly Kondratenko
Probabilistic Economic Theory
To Olga, Ksenia and Anastasia with love and gratitude
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PREFACE
References
INTRODUCTION. Probabilistic Economic Theory
References
PART A. The Agent-Based Physical Modeling of Market Economic Systems
CHAPTER I. Fundamentals of the Method of Agent-Based Physical Modeling
PREVIEW. What is the Main Point of the Concept of Agent-Based Physical Modeling?
1. The Concept of Agent-Based Physical Modeling
2. The Main Paradigm of Physical Economics
3. The Axioms and Principles of Physical Economics
4. The Classical Economies
4.1. The Two-Agent Market Economies
4.2. The Main Market Rule “Sell all – Buy at all”
4.3. The Many-Agent Market Economies
4.4. The Classical Economies versus Neoclassical Economies
References
CHAPTER II. The Constructive Design of the Agent-Based Physical Economic Models
PREVIEW. What is the Physical Economic Model?
1. The Basic Concept of Physical Economic Design
2. The Economic Multi-Dimensional Price-Quantity Space
3. The Market-Based Trade Maximization Principle and the Economic Equations of Motion
References
PART B. Classical Economy
CHAPTER III. Classical Economies in the Price Space
PREVIEW. What are the Economic Lagrange Equations?
1. Foundations of Classical Economy
2. The Economic Lagrange Equations
3. Conclusions
References
CHAPTER IV. Functions of Supply and Demand
PREVIEW. What are Functions of Supply and Demand?
1. The Neoclassical Model of Supply and Demand
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