| Titre | Les forces accidentelles dans un processus smithien de gravitation : une saisie par un modèle probabiliste. | |
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| Auteur | Reiner Franke | |
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Revue | Cahiers d'économie politique |
| Numéro | no 13, printemps 1987 Conceptions de la monnaie : un enjeu théorique | |
| Rubrique / Thématique | Conception de la monnaie : un enjeu théorique |
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| Page | 73-89 | |
| Résumé anglais |
The paper starts out from a dynamical process which, in a stylized manner, models the Smithian concept of the gravitation of market prices towards the natural price. In order to capture competitive disorder, stochastic «perturbations» are introduced. In the spirit of the classics, this construction leads to nearly erratic movements in the short- term. It nevertheless exhibits certain long-run tendencies, which are studied by means of a new, that is, probabilistic notion of equilibrium and its stability. All discussion is within the context of a simple numerical example. Source : Éditeur (via Persée) |
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| Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/cep_0154-8344_1987_num_13_1_1043 |
