An economic growth system based on cause-n-effect

M.M. Khoshyaran

An economic growth system based on cause-n-effect

M.M. Khoshyaran

Abstract

In this paper an economic system is represented as a Causal Dynamical Network, (CDN). Each link of CDN exists due to cause-n-effect. each node is either a demand or supply node. The link between demand, and supply exists due to the existence of causality, here is taken as consumer/producer surplus which is a function of preference manifold. Growth is the existence of entropy in CDN. Entropy is measured as a metric probability, which measures change in local equilibrium. Local
equilibrium is equilibrium on disordering locality links.

Keywords

Growth; Cause-n-effect; utility manifold; equilibrium; Causal Dynamical Network; disordering locality; dialectic complexity; dialectic causality; entropy.

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