Geodesic
Dynamic model of interaction between the firm and its owners
Matematičeskoe modelirovanie, Tome 27 (2015) no. 1, pp. 65-83.

Voir la notice de l'article provenant de la source Math-Net.Ru

In this article model of intertemporal equilibrium of two agents (a firm-producer and a proprietor-consumer) is presented. Its distinguishing feature is the description of the firm as a joint stock company, the purpose of which is to maximize the present value of dividends paid. A complete solution for all initial conditions is obtained. It is shown that the equilibrium in the model is effective.
Keywords: general equilibrium model, equity, intertemporal equilibrium, functional of producer. 
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N. P. Pilnik; I. P. Stankevich. Dynamic model of interaction between the firm and its owners. Matematičeskoe modelirovanie, Tome 27 (2015) no. 1, pp. 65-83. http://geodesic.mathdoc.fr/item/MM_2015_27_1_a4/

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