Problemy Transportu i Logistyki

Previously: Zeszyty Naukowe Uniwersytetu Szczecińskiego. Problemy Transportu i Logistyki

ISSN: 1644-275X     eISSN: 2353-3005    OAI    DOI: 10.18276/ptl.2017.38-02
CC BY-SA   Open Access 

Issue archive / nr 2 (38) 2017
Gleichgewichte auf den Transport-, Verkehrs- und Logistikmärkten
(Equilibria in the Transport, Transport and Logistics Markets)

Authors: Hermann Witte
Hochschule Osnabrück
Keywords: equilibrium equilibrium theory equilibrium models inequilibrium models transport market
Year of publication:2017
Page range:11 (15-25)
Cited-by (Crossref) ?:

Abstract

The traditional interpretation of economic equilibrium is not successful in realizing market equilibria. The main argument against the traditional interpretation of economic equilibrium is the normally made assumption of unrealistic pure competition. A realistic idea is the modern interpretation of economic equilibrium. This interpretation needs no unrealistic assumptions and no high level of mathematic understanding. The modern interpretation of economic equilibrium leads to total quantitative- and valuebased market equilibria. All three partial markets (the goods, the money and the labor market) are in equilibrium, when all economic units acting on these markets are in equilibrium. The advantage of the modern interpretation of economic equilibrium is that it is no utopia but a “topia”. The realization leads to overcome economic crises and to steady growing welfare in spite of worldwide low resources. The only condition to realize the modern interpretation of economic equilibrium is the will to change something. It is possible to use the modern interpretation of equilibrium for transport and logistic markets.
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