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Dressing the emperor in a new dynamic outfit

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Publication:684754
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DOI10.1007/BF02071047zbMath0787.90007MaRDI QIDQ684754

Peter Flaschel

Publication date: 6 October 1993

Published in: Annals of Operations Research (Search for Journal in Brave)


zbMATH Keywords

stabilitygeneralized Newton methodspure exchange economiesprice mechanismsprice tâtonnement


Mathematics Subject Classification ID

Economic growth models (91B62)


Related Items (3)

Stability of tâtonnement processes of short period equilibria with rational expectations ⋮ The current non-status of general equilibrium theory ⋮ An \(N\)-dimensional version of Scarf's example



Cites Work

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  • Locally stable price mechanisms
  • Topological methods in Walrasian economics
  • Morishima Systems and Global Stability
  • Some Examples of Global Instability of the Competitive Equilibrium
  • A Globally Stable Price Adjustment Process
  • Effective Price Mechanisms
  • On the "Law of Demand"


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