Wednesday, December 29, 2010

proleg part II corporate agency

more agents and specs
 in no particular order of importance or interconnection:


 multi located corporate/plants  operating in  and trading between N bounded markets and  M currency zones
in T  basic time periods
 bounded market N has in period t h households and l wagelings

bounded markets sovereignly self  bounded

each currency zone  under pinned by a  ab nihilo zero cost "credit-money " issuing  central bank

there are no fixed factors of production
 S types of "labor " A types of  "plants "   and R  types of "land " can be "produced"
 in various periods of production with various inputs inside  bounded markets 
household inputs "produce " the S types of labor