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SOLVING THE SRAFFIAN SYSTEM OF PRODUCTION VIA THE USE OF A COMPUTER MODEL

S.A. MAJID (Department of Electrical Engineering and Electronics, Division of Cybernetics, Brunel University, Uxbridge, Middlesex UB8 3PH (U.K.))

Kybernetes

ISSN: 0368-492X

Article publication date: 1 March 1985

46

Abstract

This study is conducted to determine a method of solving the Sraffian set of equations of production, using a computer model. Sraffa's theory is based on a very simple model of an economic system consists of a set of non‐linear equations. Consideration is given, in this paper, to the importance of using modelling and simulation techniques rather than analytical methods.

Citation

MAJID, S.A. (1985), "SOLVING THE SRAFFIAN SYSTEM OF PRODUCTION VIA THE USE OF A COMPUTER MODEL", Kybernetes, Vol. 14 No. 3, pp. 163-166. https://doi.org/10.1108/eb005714

Publisher

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MCB UP Ltd

Copyright © 1985, MCB UP Limited

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