A1. Department of Economics, Rutgers University, Camden, NJ 08102, USA (e-mail: jinpeng@crab.rutgers.edu.), US ;Springer-VerlagReview of Economic DesignMa J. (2002) Stable matchings and the small core in nash e
From the expressions for the stable and unstable equilibrium, it appears readily that [14]R=2μc−μ In Figure 1, this quantity is the distance of the unstable steady state, which bounds the basin of attraction of the stable steady state, to the stable steady state. Using expression eqn...
The equilibrium point is stable if all real parts of the eigenvalues of B are negative and unstable otherwise. Henceforth in this paper, we may refer to B being stable or unstable when we actually mean the equilibrium point associated with B being stable or unstable respectively. The matrix ...
And in the event of a crypto crash, traders tend to exit to fiat currencies, not stablecoins.These systems also need significant bootstrapping of liquidity early on until they can achieve healthy equilibrium. But ultimately, these schemes capitalize on a key insight: a stablecoin is, in the ...
The equilibrium point is stable if the real parts of all eigenvalues are negative and is unstable otherwise. Equivalently, the equilib- rium point is stable if the largest real part of all eigenvalues, which we shall refer to as the maximum real eigen- value, is negative and unstable ...
In this paper, we show that for generic C 1 , if a flow X t has the shadowing property on a bi-Lyapunov stable homoclinic class, then it does not contain any singularity and it is hyperbolic.
Wilson DK (2001) An alternative function for the wind and temperature gradients in unstable surface layers. Boundary-Layer Meteorol 99:151–158 CrossRef Wyngaard JC (1973) On surface-layer turbulence. In: Haugen DA (eds) Workshop on micrometeorology. American Meteorology Society, Boston, Mass,...
According to Friedman, is the economy in long-run equilibrium? Explain. The CPI in 1999 was 150 and 153 in 2000. What was the rate of inflation between the two years? If the CPI was 110 last year and is 121 this year, what is this yea...
This study investigates the relationship between the euro--dollar exchange rate and its underlying fundamentals by adopting nonlinear time series modelling. We found that this relationship is episodically unstable. We also found that an equilibrium-distorting shock is likely to have a greater effect on...
The Nash equilibrium of the problem (1) and (3) isui=γNx,i∈N,vj=ϕNy,j∈M,whereγN=1n+z2,ϕN=1m+z1.And the payoffs are Vi(x,y)=A1lnx+ Coalition formation We consider the coalition structure, when players of each type can form a coalition. So, there can be two coalit...