Economic Dynamics and Information: 576 (Lecture Notes in Economics and Mathematical Systems) - Tapa blanda

Zajac, Jaroslav

 
9783540326946: Economic Dynamics and Information: 576 (Lecture Notes in Economics and Mathematical Systems)
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ISBN 10: 3540326944 ISBN 13: 9783540326946
Editorial: Springer Berlin Heidelberg, 2008

Sinopsis

This book analyzes the existence of equilibria in economies having a measured space of agents and a continuum of agents and commodities. Excessive homogeneity with respect to agent productivity leads to instability and non-uniqueness of a given stationary state and the indeterminacy of the corresponding stationary state equilibrium. Sufficient heterogeneity leads to global saddle-path stability, uniqueness of a given stationary state and the global uniqueness of the corresponding equilibrium.

"Sinopsis" puede pertenecer a otra edición de este libro.

Reseña del editor

This book analyzes the existence of equilibria in economies having a measured space of agents and a continuum of agents and commodities. Excessive homogeneity with respect to agent productivity leads to instability and non-uniqueness of a given stationary state and the indeterminacy of the corresponding stationary state equilibrium. Sufficient heterogeneity leads to global saddle-path stability, uniqueness of a given stationary state and the global uniqueness of the corresponding equilibrium.

"Sobre este título" puede pertenecer a otra edición de este libro.

Editorial
Springer Berlin Heidelberg
Año de publicación
2008
Idioma
Inglés
ISBN 10 
3540326944
ISBN 13 
9783540326946
Encuadernación
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Número de páginas
288
Contacto del fabricante
no disponible
Persona responsable
CMN Printpool Inh. Mathis Neumann
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Hamburg
Alemania

Otras ediciones populares con el mismo título

9783540821137: Economic Dynamics and Information

Edición Destacada

ISBN 10:  3540821139 ISBN 13:  9783540821137
Editorial: Springer, 2008
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