Competitive equilibrium:walras meets darwin

DOI10.1080/02331930008844472zbMath0963.91067OpenAlexW2791957983MaRDI QIDQ4949179

Bjørn Sandvik, Sjur Didrik Flåm

Publication date: 27 June 2001

Published in: Optimization (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1080/02331930008844472

zbMATH Keywords

stochastic approximationasymptotic stabilityevolutionary stabilityreplicator dynamicscompetitive equilibriumgeneralized monotonicityweak axiom of revealed preferencestâtonnement

Mathematics Subject Classification ID

Special types of economic equilibria (91B52)

Related Items

EQUILIBRIUM, EVOLUTIONARY STABILITY AND GRADIENT DYNAMICS, Pooling, pricing and trading of risks

Cites Work

• Unnamed Item
• Unnamed Item
• A generalization of Tychonoff's fixed point theorem
• Exchange price equilibria and variational inequalities
• Gross substitutability of point-to-set correspondences
• Monotone (nonlinear) operators in Hilbert space
• Gross substitutability and the weak axiom of revealed preference
• A converging algorithm for a linear exchange model
• Homothetic preferences and community excess demand functions
• Generalized monotone bifunctions and equilibrium problems
• Multiplicity of Equilibria and Comparative Statics
• Extrapolative Expectations and Market Stability
• Gross Substitutability with Multi-Valued Excess Demand Functions
• A Dynamical System Approach to Stochastic Approximations
• The Logic of Animal Conflict
• Economies with a Finite Set of Equilibria