The nature and origin of stability in economic processes

Evgeny Kuzmin

MPRA Paper from University Library of Munich, Germany

Abstract: The article clarifies the substantive aspects of emergence of stability in dynamics of development of economic entities. The condition of stability demonstration in economic processes through the measures of uncertainty and certainty is provided and proved. The tetralistic nature of stability as a property of both state (position) and result of a self-organization mechanism of the economic entity is grounded. The author's position on the non-exclusive role of the rate of transformations in organization and external fluctuations expressed in asynchronous oscillations and responses to them is reasoned. The role of strength and reliability in stability characteristic in the course of adaptation to undesirable deviations from the idealistic path of a life cycle is given.

Keywords: uncertainty; stability; economic entities; reliability; strength; adaptability; «memory effect». (search for similar items in EconPapers)
JEL-codes: D80 D81 (search for similar items in EconPapers)
Date: 2013-06, Revised 2013-06
New Economics Papers: this item is included in nep-hpe
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Published in Journal of international scientific researches 1-2.5(2013): pp. 68-71

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:47894

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