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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Bibliographic Details
Main Author: Davey, Steven Jon
Format: Others
Language:en
Published: 2015
Subjects:
Online Access:http://hdl.handle.net/10539/17032