Oscillations in Rational Economies
Oscillations in Rational Economies
复制标题
理性经济中的振荡
作者：
Y. Mishchenko
经济（商业）周期是市场经济最显着的特征，也是最严重的经济问题之一。尽管历史悠久，商业周期的性质和起源仍然存在争议。在本文中，我们从市场系统的立场来研究商业周期的本质问题，市场系统被视为许多相互作用的市场主体的复杂系统。我们表明，这些环境中周期性不稳定的发展可以追溯到两个基本因素：开放市场环境中市场主体对市场份额的竞争，以及市场上耐用的生产过剩商品积累造成的市场萧条。这些发现以新的视角提出了商业周期问题，它是有效市场体系的系统性属性，直接源于自由市场竞争本身，并在市场经济中从根本上存在。
Economic (business) cycles are some of the most noted features of market economies, also ranked among the most serious of economic problems. Despite long historical persistence, the nature and the origin of business cycles remain controversial. In this paper we investigate the problem of the nature of business cycles from the positions of the market systems viewed as complex systems of many interacting market agents. We show that the development of cyclic instabilities in these settings can be traced down to just two fundamental factors – the competition of market agents for market shares in the settings of an open market, and the depression of market caused by accumulation of durable overproduced commodities on the market. These findings present the problem of business cycles in a new light as a systemic property of efficient market systems emerging directly from the free market competition itself, and existing in market economies at a very fundamental level.