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A simple and systematic approach to characterizing the equilibrium set so as to facilitate genericity analysis is presented. The basic idea is to describe the equilibrium set as the intersection of two sets (manifolds), each of which is respectively dependent on each element of the economy...
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In this paper, we consider the dynamics of an organization whose members share a sense of camaraderie. More specifically, the organization to be considered is formed when people who share a specific sense of purpose spontaneously gather and cooperate with one another to engage in a specific...
Persistent link: https://www.econbiz.de/10011065167
This book presents a comprehensive treatment of the theory of regular economies, which is one of the most advanced topics in modern general equilibrium theory, emphasizing the basic ideas, the tools and the important applications. Although many notions and tools of differential topology are...
Persistent link: https://www.econbiz.de/10012687205