and from a tâtonnement in asset and spot market prices. It also differs from Hicks' and exceptional stability. In an …In this paper we propose a new tâtonnement process of short-period equilibria with rational expectations: current … the equilibrium has no trade. In general this process differs from a tâtonnement process in contingent contracts prices …

In this Paper we propose a concept of stability for intertemporal equilibria with rational expectations: current period … Hicks' and exceptional stability. In an intertemporal variant of Scarf's example on the instability of Walrasian t …×tonnement process it will be seen that the stability notion we propose is more stable than any other process investigated so far. …

We provide conditions for local stability and instability of an equilibrium point in certain systems of nonautonomous …

approximation based on an associated differential equation. Global stability, local stability and instability results for SRAs are … presented. For a wide range of solutions to economic models the stability conditions for REE under statistical learning rules … are given by the expectational stability principle, which is treated as a unifying principle for the results presented …