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Hicksian matrix 1 Linear approximation stable except choosing the absolute value 1 Linear approximation system 1 Weighted average 1
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English 1
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Ogawa, Takeshi 1
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Economics Bulletin 1
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Stability of the adjustment process with the difference between the weighted average and the actual value
Ogawa, Takeshi - In: Economics Bulletin 30 (2010) 4, pp. 3010-3017
In this paper, we show a similar concept of stability of the adjustment process concerning the difference between the weighted average and the actual value. Because the adjustment process includes only one eigenvalue of zero, and thus one dimension of freedom, it is difficult to apply the...
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