Holistic Theory of Economic Equilibrium: Modified Cassel–Wald Model


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A modified Cassel–Wald model is used as an example of the holistic approach to creating a mathematical theory of market demand and economic equilibrium that is an alternative to methodological individualism (sociological reductionism). A theorem on the existence and uniqueness of equilibrium is proved.

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V. Gorbunov

Ulyanovsk State University

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Email: vkgorbunov@mail.ru
俄罗斯联邦, Ulyanovsk

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