On the speed of adjustment in the classical tatonnement process: A limit result

DOI10.1016/0022-0531(78)90063-7zbMath0398.90015OpenAlexW2032490684MaRDI QIDQ1254181

Michael C. Blad

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)90063-7

zbMATH Keywords

ConvergenceGeneral EquilibriumGlobal StabilityDynamic Economic ModelClassical Tatonnement ProcessOrdinary Diffferential EquationsSpeed of Adjustment

Mathematics Subject Classification ID

Asymptotic stability in control theory (93D20) General equilibrium theory (91B50)

Related Items (2)

Ascending-Price Algorithms for Unknown Markets ⋮ Gross substitutability mappings in economic equilibrium theory

Cites Work

• The Stability of Dynamic Processes
• The Stability of a Competitive Economy: A Survey Article
• Unnamed Item

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