Titlebook: Static and Dynamic Aspects of General Disequilibrium Theory; P. Jean-Jacques Herings Book 1996 Springer Science+Business Media New York 19

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Intersection Theorems with a Continuum of Intersection Pointstersection theorems on the unit simplex are given in Knaster, Kuratowski, and Mazurkiewicz (1929) (KKM Lemma), Sperner (1928) and Scarf (1967) (Scarf Lemma), Shapley (1973) (KKMS Lemma), Gale (1984) (Gale Lemma), and Ichiishi (1988) (Ichiishi Lemma). Intersection theorems can be used to prove the ex

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整潔漂亮

A Globally and Universally Stable Price Adjustment Process and an arbitrarily specified starting price system, a path of price systems converging to a price system at which the total excess demand is equal to zero. In Section 3.12 it has been shown that the classical Walrasian tatonnement process may fail to converge if some rather restrictive assumptions

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A Globally and Universally Stable Quantity Adjustment Processcess as formulated in Samuelson (1941) has been shown to be globally stable, see Theorem 3.11.2, and, generically, the price adjustment process of Chapter 10 is globally and universally stable, it is not clear whether these price adjustment processes are the right model of price adjustment processes

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