Girdzijauskas, Stasys; Streimikiene, Dalia; Mialik, Andzela - In: Sustainability 4 (2012) 11, pp. 2818-2837
The paper deals with failures of capitalism or free market and presents the results of economic analysis by applying a logistic capital growth model. The application of a logistic growth model for analysis of economic bubbles reveals the fundamental causes of bubble formation—economic...