Dynamical systems in Walrusian general equilibrium
The role of dynamical systems in general equilibrium analysis is chronicled. Starting with the introduction of a suitable phase space and evolution model, fundamental existence and stability results are proved. From here, many negative statements regarding the convergence of the price mechanism a...
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Format: | Others |
Language: | en |
Published: |
2015
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Online Access: | http://hdl.handle.net/10539/17032 |