An elementary information macrodynamic model of a market economic system

  • Authors:
  • Vladimir S. Lerner

  • Affiliations:
  • 13603 Marina Pointe Drive, Suite C-608, Marina Del Rey, CA 90292, United States

  • Venue:
  • Information Sciences: an International Journal
  • Year:
  • 2006

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Abstract

Information represents a common and universal substance, actively participating in a diversity of physical or virtual interactions, including various forms of economic interaction. The information regularities of economical dynamics and the mathematical evaluation of the economical system's processes are studied by building the information systemic models, based on Informational Macrodynamics. Study focuses on an elementary production-organization, the production's interaction and management, and different market dynamics, with modeling an organization by the hierarchical structure of information, cooperative, dynamic space-distributed network. The system's cooperative dynamics coordinate and mutually connect the micro- and macroeconomical processes, which include both the dynamics within each basic economic element and the cooperative integration between the system's elements. The models use a common mathematical formalism and the information as a universal equivalent of money and a common models' language. The found formalized information mechanisms govern market's cooperative dynamics and the information restrictions on these processes. The considered systemic mechanisms of self-control, adaptation, and evolution, represent a general attribute of an economical system.