Since Lėon Walras neoclassical economists hold an inalterable belief in a unique and stable equilibrium for the … paper examines four such models of increasing complexity, including the affine nonlinear feedback H∞-control, to show that … the "data requirement" precludes all attempts at the empirical verification of the existence of a stable equilibrium. If …

Since Lėon Walras neoclassical economists hold an inalterable belief in a unique and stable equilibrium for the … a stable equilibrium. In a complex nonlinear deterministic systems, equilibria, whether multiple or deterministically …

existence and uniqueness of Markovian equilibrium are weIl known for the compact state space case, no similar sufficient … algorithm that will prove asymptotically consistent when computing Markovian equilibrium. …

In this paper we prove the existence of general equilibrium with transaction costs generalizing Hahn's (Review of …

This introduces the symposium on general equilibrium. …

existence and uniqueness of Markovian equilibrium are weIl known for the compact state space case, no similar sufficient … algorithm that will prove asymptotically consistent when computing Markovian equilibrium. …

existence and uniqueness of Markovian equilibrium are weIl known for the compact state space case, no similar sufficient … algorithm that will prove asymptotically consistent when computing Markovian equilibrium. …

existence and uniqueness of Markovian equilibrium are weIl known for the compact state space case, no similar sufficient … algorithm that will prove asymptotically consistent when computing Markovian equilibrium. …

This paper explores risk-sharing and equilibrium in a general equilibrium set-up wherein agents are non … probability. Hence, optimal allocations are comonotone. This enables us to study the equilibrium set. When agents have different …

This paper explores risk-sharing and equilibrium in a general equilibrium set-up wherein agents are non … probability. Hence, optimal allocations are comonotone. This enables us to study the equilibrium set. When agents have different …