The invisible hand of Laplace: the role of market structure in price convergence and oscillation

DOI10.1016/j.jmateco.2021.102475zbMath1470.91120arXiv1602.07628OpenAlexW2279770870MaRDI QIDQ2050989

Yuval Rabani, Leonard J. Schulman

Publication date: 1 September 2021

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/1602.07628

zbMATH Keywords

fluctuation-dissipation theoremArrow-Debreu modelgraph spectrumgraph expansiontâtonnementdisequilibrium dynamics

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24)

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