Statics and dynamics of the Coleman model: Comment on Braun |
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Authors: | Josef Brüderl |
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Affiliation: | Institute of Sociology , University of Munich |
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Abstract: | A new version of the Coleman model is given in this comment It is modeled as a simple barter economy with Cobb‐Douglas utility function. So, standard microeconomic results can be applied for the dynamic analysis of the Coleman model. |
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Keywords: | Coleman model equilibrium analysis stability analysis dynamic modeling |
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