Why is it important to get to equilibrium and how long does it take? Are there problems running polypropylene profiles on a single screw extruder? Do...Harold F. Giles, Jr
六年前的今天,托马斯谢林离开了这个世界,标志着美国第二代核战略学者的全部离世。不过对经济学家来说,托马斯谢林这个经济学家群体当中的“异类”,其出现与离去只不过是正统经济学发展过程中的小小插曲。 托马…
Re: How to get some compound from equilibrium? «Reply #2 on:January 24, 2016, 08:19:00 AM » Ammonia has other properties useful as well. For example, it reacts with water to form ammonium hydroxide, nitrogen and hydrogen aren't appreciably soluble in water. Ammonia reacts with oth...
In order to understand market equilibrium, you have to be willing to wear one hat at a time, which means you're either wearing the hat of a supplier or a consumer. Then you can step back and see both sides of the market at the same time and understand how it works, and why it ...
We propose a new concept for how to make choices in games without assuming an equilibrium. To beat the average means to obtain a higher payoff against the others than the others obtain amongst themselves, for any way in which the game might be played. Only Nash equilibrium strategies can bea...
a“Because financial markets do not tend towards equilibrium they cannot be left to their own devices. Periodic crises bring forth regulatory reforms. That is how central banking and the regulation of financial markets have evolved.” “由于金融市场不趋向往平衡他们不可能留下给他们自己的设备。 周期...
aThe loanable funds framework shows how the equilibrium interest rate is dependent on the aggregate supply of available funds andthe aggregate demand for funds.As conditions cause the aggregate supply or demand schedules to change,interest rates gravitate toward a new equilibrium. 可贷借的资金框架展示...
others don't. The Prisoner's Dilemma has one Nash equilibrium, namely 7,7, corresponding to both players telling the truth. If Player A would switch to lie while Player B stays with telling the truth Player A would get 10 years in prison, so he won't switch. The same holds for ...
Four dual equilibria are then obtained when each agent selects one leading variable to optimize and adjusts the other, and these equilibria are compared in a meta-game. For a simplified class of continuous games with linear constraints, it is shown that one symmetric dual equilibrium dominates ...
Economists find thatprices tend to fluctuate around the equilibrium levels. If the price rises too high, market forces will incentivize sellers to come in and produce more. If the price is too low, additional buyers will bid up the price. These activities keep the equilibrium level in relative...