Esther Smith
Evolution paths on the equilibrium manifold
LOI, ANDREA;MATTA, STEFANO
2009-01-01
Abstract
In a pure exchange smooth economy with fixed total resources, we define the length between two regular equilibria belonging to the equilibrium manifold as the number of intersection points of the evolution path connecting them with the set of critical equilibria. We show that there exists a minimal path according to this definition of length.File | Dimensione | Formato | |
---|---|---|---|
5 JME_2009.pdf Solo gestori archivio
Tipologia: versione editoriale
Dimensione 188.64 kB
Formato Adobe PDF
|
188.64 kB | Adobe PDF | Visualizza/Apri Richiedi una copia |
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.