What is the significance of feasibility of a trajectory of goods' prices for its asymptotic convergence to
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What is the significance of feasibility of a trajectory of goods' prices for its asymptotic convergence to the equilibrium state in the dynamic Arrow- Debreu-McKenzie model in the discrete-time or continuous-time version?
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The ArrowDebreuMcKenzie ADM model is a fundamental model in mathematical economics that describes how economies can be in general equilibrium Here gen...View the full answer
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Douglas Makokha
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Related Book For 
Microeconomics Static And Dynamic Analysis Springer Texts In Business And Economics
ISBN: 9783031105531
1st Edition
Authors: Krzysztof Malaga, Karolina Sobczak
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