This book is devoted to the study of dynamical models of decentralized economic systems. The
models considered are based on the Leontief simple dynamic model with various mechanisms for
decentralized planning and management. Branches of the economic system are treated as fully
independent economic agents that plan their work according to their own purposes. It is shown
that the lack of coordination between economic agents leads to a limit cycle for some economic
indicators. Conversely the exchange of information between the economic agents enables a move
toward balanced growth. These results are generalized for the model with dynamics of the
productive assets and for the model with the final consumption. The analysis also considers a
problem of endogenous technological progress in a decentralized economy. The appendix includes
a short review of non-negative matrices. The book offers a valuable resource for mathematical
economists and graduate students specializing in mathematical economics.
