We propose a simple non-equilibrium model of a financial market as an open system with a possible exchange of money … Motion (GBM) model, that we call the ”Quantum Equilibrium-Disequilibrium” (QED) model. The QED model gives rise to non …

conditions identified here even more broadly than usual, except for concavity in place of quasi-concavity, every equilibrium will … at all on utility, whereas other goods, although insatiably interesting, may anyway end up at zero in equilibrium. Recent … way toward further developments in which an equilibrium might evolve in response to exogenous inputs to the agents …

equilibrium model derived from the economic theory of conflict is proposed, in which a group of heterogeneousagents choose the …

prove the existence of a pure Cournot-Nash equilibrium in a Cournot oligopoly model. We further obtain a discrete analogue …