stability of the Walrasian price adjustment mechanism was one of the program's most significant failures. This paper will not … 'stability' question in terms of market stability- in particular the stability of the equilibrium price vector in the Walrasian … and elsewhere within microeconomics. The problem of the stability of 'consumer's equilibrium' was much discussed early in …

the decline of pM on the “existence” of solution to the game, its “stability”, and finally on the utility levels of two … countries in the “stability” case. By simulation we show that as pM falls, the number of “non-existence” cases increases, the … levels of two countries” cases among “stability” cases falls. In Section 4, assuming that the above countries have domestic …