Economic dynamics and information
This book analyzes the existence of equilibria in economies having a measured space of agents and a continuum of agents and commodities. Excessive homogeneity with respect to agent productivity leads to instability and non-uniqueness of a given stationary state and the indeterminacy of the correspon...
Main Author: | Zajac, Jaroslav. |
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Other Authors: | SpringerLink (Online service) |
Format: | eBook |
Language: | English |
Published: |
Berlin ; New York :
Springer,
©2006.
Berlin ; New York : [2006] |
Physical Description: |
1 online resource (x, 274 pages). |
Series: |
Lecture notes in economics and mathematical systems ;
576. |
Subjects: |
CMU Electronic Access
Electronic Resource Click HereLocation | Call Number: | Status |
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CMU Electronic Access | Available |