Showing 1 - 4 of 4
Persistent link: https://www.econbiz.de/10013243267
Arguments are made that, for a typical economy, with many goods and consumers, classical tatonnement dynamics results in a globally stable equilibrium. Since global stability implies uniqueness of equilibrium, these kinds of results complete the positive general equilibrium program classically...
Persistent link: https://www.econbiz.de/10014345013
Persistent link: https://www.econbiz.de/10011346293
Persistent link: https://www.econbiz.de/10013271981