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A criterion for the global stability of a price adjustment process

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Publication:1254180
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DOI10.1016/0022-0531(78)90064-9zbMath0398.90014OpenAlexW2155736647MaRDI QIDQ1254180

Sandberg, Irwin W.

Publication date: 1978

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(78)90064-9


zbMATH Keywords

Global StabilityDynamic Economic ModelAntitonicityMulticommodity MarketNecessary and Sufficient ConditionPrice Adjustment Process


Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Economic growth models (91B62) Asymptotic stability in control theory (93D20)


Related Items (1)

Gross substitutability mappings in economic equilibrium theory



Cites Work

  • The Jacobian matrix and global univalence of mappings
  • Competitive Stability under Weak Gross Substitutability: The "Euclidean Distance" Approach
  • Some Theorems Concerning Multifirm Alternatives to the Single Regulated Multiservice Firm
  • A Theorem concerning Properties of an Arms-Race Model
  • Stability of Multiple Markets: The Hicks Conditions
  • Unnamed Item


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