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The trade model with endogenous savings, net consumptions and leisure time. (Ukrainian. English summary) Zbl 0979.91064

Summary: This paper proposes a simple two-country endogenous model of trade with optimal development of their economies. Using this model the conditions for the existence of the solution and an algorithm for its construction is analysed.

MSC:

91B60 Trade models
91B26 Auctions, bargaining, bidding and selling, and other market models