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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Article
The Study of the Market Economy Problem by the Method of Econophysics
Author(s)
Askerov Shahlar Gachay
Askerov Anar Shahlar
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DOI:10.17265/2328-2185/2018.05.008
Affiliation(s)
Baku State University, Baku, Azerbaijan
Azerbaijan Railway, Baku, Azerbaijan
ABSTRACT
The article considers the
econophysical analysis of the relationship between monopoly and competition by
using the methods, terms of physics. And it
was investigated the philosophy of progress. It has been shown that
in the transition from absolute monopoly to imperfect monopoly, the system becomes
more complex, and its output characteristics depend on time, because monopoly
is a natural, competitive is derivative process. Competition is created as a
result of the interaction of at least two “monopoly firms” through the “market field” that they create to increase the
production which is necessary of
non-linear products over time. To do this, it is sufficient to have a multitude
of firms interacting with each other under the influence force of “market field”.
To create the necessary conditions, it is sufficient to have a high level of university
education and a legal field for competition and unbreakable antitrust
legislation. By acquiring technology and creating conditions for competition in
the market, it is possible to achieve progress even without having a strong
science. The term “progress”
has received a new content and is defined as the value of a numerically equal
increase in the rate of production per unit time or production per squared
time. It has been shown that the relationship
between monopoly and competition is very simple and there is no contradiction
between them. Initially, the market is born as a monopoly, and then analogical
firms were created, competition between firms begins.
KEYWORDS
econophysics, market, monopoly, competition, duopoly, oligopoly, progress, sputtering, speeds of production
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