Hawkins–Simon condition
id:
hawkins-simon-condition-198-11277496
title:
Hawkins–Simon condition
text:
The Hawkins–Simon condition refers to a result in mathematical economics, attributed to David Hawkins and Herbert A. Simon, that guarantees the existence of a non-negative output vector that solves the equilibrium relation in the input–output model where demand equals supply. More precisely, it states a condition for [ I − A ] under which the input–output system has a solution x ^ ≥ 0 for any d ≥ 0 . Here I is the identity matrix and A is called the input–output matrix or Leontief matrix after W
brand slug:
wiki
category slug:
encyclopedia
description:
Result in mathematical economics on existence of a non-negative equilibrium output vector
original url:
https://en.wikipedia.org/wiki/Hawkins%E2%80%93Simon_condition
date created:
date modified:
2023-10-24T15:12:00Z
main entity:
{"identifier":"Q28456162","url":"https://www.wikidata.org/entity/Q28456162"}
image:
fields total:
13
integrity:
14