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...

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Main Author: Zajac, Jaroslav.
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:

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