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 …

This paper analyses two types of models: 1. Those based on assumptions of monetary and financial market equilibrium … dynamics of financial market as well as the role of uncertainty, interdependency and dynamic complexity. We present here Minsky …

This paper analyses two types of models: 1. Those based on assumptions of monetary and financial market equilibrium … dynamics of financial market as well as the role of uncertainty, interdependency and dynamic complexity. We present here Minsky …

This survey analyzes two types of models: 1. Models based on assumptions of monetary and financial market equilibrium … dynamics of financial market as well as the role of incertainty, interdependency and dynamic complexity. Here is shown Minsky …

This survey analyses two types of models: 1. models based on assumptions of monetary and financial market equilibrium …

This survey analyses two types of models: 1. Models based on assumptions of monetary and financial market equilibrium … into account the dynamics of financial market, as well as the role of uncertainty, interdependency and dynamic complexity …

This paper analyses two types of models: 1. Those based on assumptions of monetary and financial market equilibrium … dynamics of financial market as well as the role of uncertainty, interdependency and dynamic complexity. We present here Minsky …

methodology solves the Walrasian problem of how markets can reach equilibrium, starting with firms trading at disparate prices …

decomposition of the productive systems, the problem of complexity and the strategies to reduce complexity. …