{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2022,4,6]],"date-time":"2022-04-06T01:11:58Z","timestamp":1649207518452},"reference-count":3,"publisher":"World Scientific Pub Co Pte Lt","issue":"01","content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Advs. Complex Syst."],"published-print":{"date-parts":[[2001,3]]},"abstract":"<jats:p> Static neoclassical theory of a firm and its dynamization by dynamic optimization assume profit functions inconsistent with each other. As a solution to this, we present a dynamic theory of a firm which is consistent with the static neoclassical theory. We define the 'economic forces' which act upon the production of the firm and show that the adjustment of production in a profit-seeking way may be stable or unstable. Explosive unstable production dynamics may occur due to 'economies of scale' or due to the development of wealth or technology; in stable cases the adjustment leads to the profit maximizing situation. Our model provides a micro basis for the modeling of economic growth at macro-level. <\/jats:p>","DOI":"10.1142\/s0219525901000036","type":"journal-article","created":{"date-parts":[[2002,7,27]],"date-time":"2002-07-27T07:05:45Z","timestamp":1027753545000},"page":"163-176","source":"Crossref","is-referenced-by-count":10,"title":["A DYNAMIC THEORY OF A FIRM: AN APPLICATION OF 'ECONOMIC FORCES'"],"prefix":"10.1142","volume":"04","author":[{"given":"MATTI","family":"ESTOLA","sequence":"first","affiliation":[{"name":"University of Joensuu, Department of Economics, P.O. Box 111, FIN-80101 Joensuu, Finland"}]}],"member":"219","published-online":{"date-parts":[[2011,11,20]]},"reference":[{"issue":"1","key":"p_3","doi-asserted-by":"crossref","DOI":"10.2307\/2526609","volume":"27","author":"Dixit A.","journal-title":"International Economic Review"},{"key":"p_5","doi-asserted-by":"publisher","DOI":"10.1016\/0304-3932(88)90168-7"},{"key":"p_9","first-page":"65","volume":"70","author":"Solow R. M.","year":"1956","journal-title":"Economics"}],"container-title":["Advances in Complex Systems"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/www.worldscientific.com\/doi\/pdf\/10.1142\/S0219525901000036","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2019,8,6]],"date-time":"2019-08-06T16:29:20Z","timestamp":1565108960000},"score":1,"resource":{"primary":{"URL":"https:\/\/www.worldscientific.com\/doi\/abs\/10.1142\/S0219525901000036"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2001,3]]},"references-count":3,"journal-issue":{"issue":"01","published-online":{"date-parts":[[2011,11,20]]},"published-print":{"date-parts":[[2001,3]]}},"alternative-id":["10.1142\/S0219525901000036"],"URL":"https:\/\/doi.org\/10.1142\/s0219525901000036","relation":{},"ISSN":["0219-5259","1793-6802"],"issn-type":[{"value":"0219-5259","type":"print"},{"value":"1793-6802","type":"electronic"}],"subject":[],"published":{"date-parts":[[2001,3]]}}}