Viability in Structured Production Systems
Published:Dec 31, 2025 10:52
•1 min read
•ArXiv
Analysis
This paper introduces a framework for analyzing equilibrium in structured production systems, focusing on the viability of the system (producers earning positive incomes). The key contribution is demonstrating that acyclic production systems are always viable and characterizing completely viable systems through input restrictions. This work bridges production theory with network economics and contributes to the understanding of positive output price systems.
Key Takeaways
- •Introduces a framework for analyzing equilibrium in structured production systems.
- •Defines viability as a prerequisite for equilibrium.
- •Proves acyclic production systems are always viable.
- •Characterizes completely viable systems through input restrictions.
- •Bridges Leontief-Sraffa production theory with network economics.
Reference
“Acyclic production systems are always viable.”