This paper examines the impact of planning and efficiency of markets in a stylized economy which is a finite sequence of markets for goods at successive dates, each market is a hybrid of plan and market, no one of whi...This paper examines the impact of planning and efficiency of markets in a stylized economy which is a finite sequence of markets for goods at successive dates, each market is a hybrid of plan and market, no one of which is complete in Arro Debreu sense. The existence of equilibrium in such a economic model is demonstrated.展开更多
Consider a sequence of markets for goods and securities at successive dates, each market is a hybrid of plan and market, no one of which is complete in Arrow\|Debreu sense. Pseudo\|equilibrium and equilibrium of s...Consider a sequence of markets for goods and securities at successive dates, each market is a hybrid of plan and market, no one of which is complete in Arrow\|Debreu sense. Pseudo\|equilibrium and equilibrium of such an economic model are introduced and the existence of which is demonstrated.展开更多
The Economic System can find its influences in all as-pects of a city’s development. Shenzhen, as one of China’s Special Eco-nomic Zones (SEZ) and with relatively well developed market mecha-nism, is now assuming so...The Economic System can find its influences in all as-pects of a city’s development. Shenzhen, as one of China’s Special Eco-nomic Zones (SEZ) and with relatively well developed market mecha-nism, is now assuming some new characteristics in its urban construc-tion sector and thus requiring more creation in the new round of mas-ter plan formulating. The article is an effort to show a pioneering work of planners in Shenzhen in this regard.展开更多
The purpose of this paper is to prove the equilibrium of general equilibrium of market economy in China. As a consequence,it is shown that, when the governmentplanning system gradually loses its function,the correspon...The purpose of this paper is to prove the equilibrium of general equilibrium of market economy in China. As a consequence,it is shown that, when the governmentplanning system gradually loses its function,the corresponding equilibrium point sequence of planned/market mixed economy converges to the unique equilibrium point of market economy. This demonstrates that the transition of China’s planned/market mixed economy to market economy will be stable.展开更多
文摘This paper examines the impact of planning and efficiency of markets in a stylized economy which is a finite sequence of markets for goods at successive dates, each market is a hybrid of plan and market, no one of which is complete in Arro Debreu sense. The existence of equilibrium in such a economic model is demonstrated.
文摘Consider a sequence of markets for goods and securities at successive dates, each market is a hybrid of plan and market, no one of which is complete in Arrow\|Debreu sense. Pseudo\|equilibrium and equilibrium of such an economic model are introduced and the existence of which is demonstrated.
文摘The Economic System can find its influences in all as-pects of a city’s development. Shenzhen, as one of China’s Special Eco-nomic Zones (SEZ) and with relatively well developed market mecha-nism, is now assuming some new characteristics in its urban construc-tion sector and thus requiring more creation in the new round of mas-ter plan formulating. The article is an effort to show a pioneering work of planners in Shenzhen in this regard.
文摘The purpose of this paper is to prove the equilibrium of general equilibrium of market economy in China. As a consequence,it is shown that, when the governmentplanning system gradually loses its function,the corresponding equilibrium point sequence of planned/market mixed economy converges to the unique equilibrium point of market economy. This demonstrates that the transition of China’s planned/market mixed economy to market economy will be stable.
