Gintis, Herbert, "The Dynamics of General Equilibrium," Economic Journal, October 2007, 117 (523), 1280-1309.Gintis, H. 2007a. "The Dynamics of General Equilibrium". Economic Journal. 117: 1289-1309.Gintis H (2007) The dynamics of general equilibrium. Economic Journal 117(523):1280- 1309...
2.(used with a pl. verb)The social, intellectual, or moral forces that produce activity and change in a given sphere:The dynamics of international trade have influenced our business decisions on this matter. 3.(used with a pl. verb)Variation in force or intensity, especially in musical soun...
A particular form of the last criticism refers to CGE models’ treatment of dynamics. For example, consumers are assumed to save a fixed share of income, and investment decisions are based on historical shares or current rates of return to capital. Savings and investment decisions are not “for...
Known existence theorems are shown to be corollaries to the main theorem of this paper. Furthermore, conditions for the existence of equilibria in certain symmetric regions for games are also given. From the notion of general equilibrium, a general family of game dynamics are derived. This ...
Equilibrium and Disequilibrium Dynamics in the 1930s 来自 EconPapers 喜欢 0 阅读量: 33 作者:Zappia,Carlo 摘要: Notwithstanding considerable efforts by at least two generations of economic theorists, the state of art of general equilibrium theory in the Arrow-Debreu framework is still extremely ...
The critical shear-rate for this transition should go as (layer spacing) . Possible experimental tests of these predictions are discussed. 展开 关键词: Theoretical or Mathematical/ fluctuations membranes shear flow/ equilibrium dynamics nonequilibrium dynamics dilute lamellar phase sterically stabilized ...
(2012), but expand the number of fiscal instruments and take into account the dynamics of the fund. Given the paths of public investment, concessional borrowing, and foreign grants, algebraic manipulation of the budget constraint of the government Eq. (23) allows us to rewrite it as follows:...
Most natural systems operate far from equilibrium, displaying time-asymmetric, irreversible dynamics characterized by a positive entropy production while exchanging energy and matter with the environment. Although stochastic thermodynamics underpins the irreversible dynamics of small systems, the nonequilibrium ...
The dynamics of power consumption constitutes an essential building block for planning and operating sustainable energy systems. Whereas variations in the dynamics of renewable energy generation are reasonably well studied, a deeper understanding of the